Key facts
- Hong Kong Monetary Authority (HKMA) formed a Tokenised Bond Expert Group.
- The group comprises 21 institutions including banks, law firms, and digital asset companies.
- The initiative aims to remove legal and regulatory hurdles for tokenized bonds.
- Authorities seek to encourage wider adoption of tokenized bonds from private issuers.
Hong Kong's de facto central bank, the Hong Kong Monetary Authority (HKMA), has established a Tokenised Bond Expert Group. This group consists of 21 institutions, including banks, law firms, market infrastructure providers, and digital asset companies. The primary objective is to address and remove legal and regulatory obstacles that currently hinder the broader adoption of tokenized bonds. By moving beyond pilot projects, the HKMA aims to encourage private issuers to engage more actively with this innovative financial instrument.