Hong Kong's central bank, the HKMA, is rolling out the Digital Bond Grant Scheme (DBGS) to boost tokenized bond adoption. The initiative will cover up to 50% of eligible costs for digital bond issuances, capped at $321,184 for a full grant. To qualify, bonds must be issued digitally in Hong Kong and meet specific criteria, including a listing on the SEHK. The program, part of Project Evergreen, aims to overcome barriers in tokenization adoption. Additionally, Hong Kong is exploring crypto tax exemptions to solidify its status as a crypto hub, with a consultation open for six weeks.