Hong Kong plans to expand its tokenized bond program, because the government is preparing the third part of tokenized green bonds and signals so that such emissions are a regular feature of debt strategy.

Speaking in Hong Kong Digital Finance Awards 2025, Secretary for Financial Services and the State Treasury Christopher Hui confirmed that the upcoming sale of bonds with tokenized bonds is based on the success of the two previous rounds of tokenized green bonds issued in 2023 and 2024.

Bonds have been registered and resolved in the technology of dispersed book, According to Until the Thursday report from the Beijing Gazeta Wen Wei PO.

Hui said that the authorities are aimed at normalizing tokenized government bonds in the future. To encourage wider adoption, the government is considering tax incentives, including exemptions from the tax obligation to transfer stock market turnover funds.

Related: Hong Kong to utilize the chain protocol in the CBDC pilot project

Hong Kong reveals a modern strategy of digital assets

Takenization in Hong Kong appears as part of a wider digital asset strategy described in the newly issued Declaration of the Digital Asset 2.0 resource development policy.

Last week, the region announced that the modern digital asset plan is focused on Stablecoins regulation and promoting toketenization of assets through its “Leap” framework, aimed at legal transparency, increased ecosystem, actual reception and development of talents.

As part of the modern RAM, the government will implement a license system for Stablecoin issuers from August 1, which “will facilitate the development of real use cases.”

Meanwhile, the government consults with society regarding the proposed principles of licensing platforms for trade in digital assets and guardians, and the consultation period is open until the end of August.

Hongkong Exchange and Clearing (HKEX) also introduced the first digital asset indexes in the city, offering prices for Bitcoin and Ethereum at Asian trade hours. The effort aims to attract institutional investors by ensuring reliable reference prices on land.

Related: Hong Kong to develop a tool for tracking cryptocurrencies for money laundering

Hong Kong is aiming at cryptographic derivatives

Last month, the financial authorities in Hong Kong announced plans to introduce digital trade in derivative assets addressed to professional investors.

This movement is based on the latest ETF approval on cryptocurrency, Futures products and Staking Services. In April, Hashkey received authorization to provide staking, emphasizing the city’s pursuit of establishing as the best digital financial center.

In May, the Legislation Council in Hong Kong adopted the Stablecoin Act, establishing a land for an regulated environment that could strengthen the role of the city as a global center of digital assets and web3 innovation.

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