Hong Kong Treasury Department: Preparing to Issue Third Batch of Tokenized Bonds and Promote Tokenization of Precious Metals and Other Assets and Financial Instruments

BlockBeats News, July 5th, according to Hong Kong Economic Times, Hong Kong Financial Secretary Paul Chan Mo-po stated that Hong Kong had issued green bonds in tokenized form in 2023 and 2025. The preparation for the third batch of tokenized bonds is also underway. In the future, Hong Kong will regularize the issuance of tokenized government bonds and provide incentives for the tokenization of real-world assets, such as exempting tokenized exchange-traded funds (ETFs) from stamp duty upon transfer.

Furthermore, Hong Kong will also promote the tokenization of a wider range of assets and financial instruments, demonstrating the diverse applications of tokenization technology in various fields, including precious metals, base metals, and renewable energy sources (such as solar panels).