The Hong Kong Monetary Authority (HKMA) has launched a “Digital Bond Funding Scheme” to boost the digital securities market and promote the use of tokenization technology in the capital market. Each Hong Kong-issued digital bond that meets the scheme’s eligibility requirements can receive up to HK$2.5 million in funding.

The HKMA has published a guide detailing the funding scheme, which is now open for applications for a three-year period.

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