Hong Kong’s Security Tokenization Support Initiative – A Subsidy Program
By: Jay Lee, Natalie Chow and Alvin Lam
Recently, Hong Kong Monetary Authority (HKMA) initiated accepting applications for Digital Bond Grant Scheme (the Grant Scheme) to financially support digital bond issuers for the duration of three years. The Grant Scheme aims to encourage broader adoption of “tokenization technology” in capital markets and foster the development of digital securities markets in Hong Kong.
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