HKMA Implements Digital Bond Fundraising System…"Support up to 25 Million Hong Kong Dollars"
Doohyun Hwang
Summary
- The Hong Kong Monetary Authority (HKMA) announced that it will implement a digital bond fundraising system.
- Accordingly, it was stated that the system was launched to promote the development of the digital securities market and to foster tokenization technology.
- It was conveyed that digital bonds issued in Hong Kong can receive support of up to 25 million Hong Kong Dollars if they meet the qualification requirements.
The Hong Kong Monetary Authority (HKMA) announced on the 28th (local time) that it will implement a digital bond fundraising system.
On this day, HKMA stated through its official homepage, "To promote the development of the digital securities market and to foster a wide range of technologies, we are implementing a fundraising system," adding, "Digital bonds issued in Hong Kong can receive support of up to 25 million Hong Kong Dollars if they meet the qualification requirements."
Doohyun Hwang
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