BlockBeats News, February 25 — 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 categories. Hong Kong Financial Secretary Paul Chan stated in the 2026–27 fiscal budget that the platform will be built by CMU OmniClear Holdings, a subsidiary of the Hong Kong Monetary Authority (HKMA), and will interconnect with other tokenization platforms in the region to strengthen Hong Kong’s position as a digital asset hub.
Currently, Hong Kong has completed multiple issuances of government tokenized bonds. Chan Mow Po revealed that the third batch of tokenized government bonds was issued in Q4 2025, totaling HKD 10 billion (approximately USD 1.28 billion), with ongoing regular issuances planned. This infrastructure upgrade means that the settlement of tokenized bonds will officially be integrated into the HKMA’s post-trade system, moving from pilot phase to systematic integration.
Additionally, the Hong Kong Securities and Futures Commission previously allowed licensed brokers to provide digital asset margin financing and perpetual crypto contracts for professional investors. Regulators emphasized that market liquidity will be enhanced under strengthened risk controls. Overall, the policy direction indicates that Hong Kong is integrating tokenization and digital asset infrastructure into the core framework of its mainstream financial system.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BNB Beacon Chain Token Recovery Tool Enters Sunset Phase: What BEP2 Holders Need to Know
The BNB Beacon Chain token recovery tool is now in Phase 1 of its sunset, and 7-day processing will only be available until April 30.
Only mirrored BEP2 tokens are recoverable; holders of unmirrored assets risk permanently losing them.
BNB Chain has begun a phased shutdown of the BNB Beacon
CryptoNewsFlash23m ago
Spark lending platform launches SPK token buyback program, has repurchased 1.84 million tokens
According to on-chain analyst Yu Yan's monitoring, the lending platform Spark transferred 570,000 USDS to a new multi-signature wallet on March 5th, initiating the SPK token buyback. They have already repurchased 1.84 million SPK tokens, worth approximately $36,000. This buyback plan is expected to last 12 months, with 10% of funds each month allocated for repurchasing.
GateNews56m ago
Hedera Powers 19 Live Transactions at Reserve Bank of Australia
The Reserve Bank of Australia’s Project Acacia successfully tested blockchain through 19 real transactions using Hedera technology. This initiative explores various tokenization use cases, signaling a potential shift in modernizing financial markets and enhancing efficiency.
Coinfomania1h ago
Sky (SKY) Token Surges After Governance Vote Cuts Emissions and Expands USDS Stablecoin Credit Infrastructure
SKY rose 10% after the network cut staking emissions and continued buybacks, tightening supply across the market.
Sky expanded the USDS credit infrastructure as lower token issuance and steady buybacks supported bullish market momentum.
SKY, the governance token of the DeFi protocol
CryptoNewsFlash1h ago
PayPal's former AI Payments Head Ehsan Yousefzadeh joins Kite AI as Chief Product Officer
Kite AI announces Ehsan Yousefzadeh joins as Head of Product, having previously led AI payments at PayPal and possessing extensive experience in internet and payment product management. This addition will drive the development of agent-based infrastructure and autonomous intelligent agents.
GateNews2h ago
