Hong Kong will build a digital bond issuance platform and connect to a regional tokenization hub to promote bond settlement as part of core infrastructure

BlockBeats News, February 25th, Hong Kong will establish a new digital asset platform this year to support the issuance and settlement of tokenized bonds, gradually expanding to other digital asset classes. Hong Kong Financial Secretary Paul Chan stated in the 2026–27 Budget that the platform will be developed by CMU OmniClear Holdings, a subsidiary of the Hong Kong Monetary Authority (HKMA), and will be interoperable with other tokenization platforms in the region, enhancing Hong Kong's position as a hub in the digital asset field.

Currently, Hong Kong has completed multiple batches of government tokenized bond issuance. Eddie Yue revealed that the third batch of tokenized government bonds was issued in the fourth quarter of 2025, totaling 10 billion Hong Kong dollars (about 1.28 billion U.S. dollars), and will continue to be issued regularly in the future. This infrastructure upgrade signifies that tokenized bond settlements will be officially incorporated into the HKMA's post-trade system, moving from the pilot phase to systematic integration.

In addition, the Hong Kong Securities and Futures Commission had previously allowed licensed securities firms to provide digital asset margin financing and crypto perpetual contract services to professional investors, with the regulator emphasizing the enhancement of market liquidity under strengthened risk control. The overall policy direction indicates that Hong Kong is integrating tokenization and digital asset infrastructure into the core framework of the mainstream financial system.