Hong Kong Prepares Third Tokenized Bond Issuance, Eyes More Offerings

Hong Kong plans to expand its tokenized bond program because the government is preparing a third dose of tokenized green bonds and signals to make such issuing a regular feature of its debt strategy.

The Secretary for Financial Services and the Ministry of Finance Christopher Hui at Hong Kong Digital Finance Awards 2025 confirmed that the upcoming tokenized sale of government bonds is based on the success of two earlier rounds of tokenized green bonds issued in 2023 and 2024.

Bonds have been recorded and settled on the technology of distributed books, according to On Thursday’s report from Beijing State Newspaper Wen Wei after.

Hui said that the authorities are trying to normalize tokenized government bonds in the future. In order to support wider adoption, the government is considering tax incentives, including exceptions from Kolkosec for the transfers of tokenized funds traded on the stock exchange.

Related: Hong Kong for the use of Chainlink protocol in the CBDC pilot project

Hong Kong presents a new digital asset strategy

Hong Kong’s embrace of tokenization comes as part of its wider strategy of the digital asset listed in the newly issued declaration of the development of digital assets 2.0.

Last week in the region announced that a new plan of digital assets Wednesdays to regulate the stablecoins and promotes the tokenization of assets through the framework “jump” focusing on legal clarity, growth of the ecosystem, acceptance in the real world and the development of talents.

As part of the new framework, the government will introduce the license regime for Stablecoin issuers from 1 August, which will “facilitate the development of cases of use in the real world”.

Meanwhile, the government consults the public about the proposed licensing rules for trading in digital assets and administrators, while the consulting period is open by the end of August.

Hong Kong exchanges and settling (HKEX) also launched the first urban digital assets and offered price benchmarks for Bitcoins and Ethereum during the Asian trading hours. The aim of the effort is to attract institutional investors by providing reliable reference prices on the mainland.

Related: Hong Kong to develop a crypton monitoring tool for money washing

Hong Kong focuses on crypto derivatives

Last month, the financial regulatory authorities of Hong Kong announced plans to introduce Digital trading with derivatives of asset focused on professional investors.

This step builds on a recent Approval for ETF Spot CryptocurrencyFutures Products and Specing Services. In April Hashkey Received authorization to ensure bettingemphasizing the pressure of the city to establish himself as the best digital financial center.