Hong Kong Leverages Tokenization in Green Bonds and ETFs

The Hong Kong government is actively exploring the potential of tokenization for green bonds and exchange-traded funds (ETFs), according to news reports from PANews. Deputy Secretary for Financial Services and the Treasury, Joseph Chan, emphasized this initiative during the inauguration ceremony of the Hong Kong Digital Asset Listing Companies Association. Three years ago, the Hong Kong government began issuing regular green bonds annually, with plans to establish a more formalized process and investigate tokenization applications across various sectors including renewable energy. Additionally, the Hong Kong government will explore using tokenization methods for existing ETFs listed on the Hong Kong Stock Exchange to attract further investment participation.