Tokenization Could Improve Bond Market Efficiency, Hong Kong Regulator Says

Tokenization has the potential to improve efficiency, liquidity, and transparency in bond markets, according to a report by the Hong Kong Monetary Authority (HKMA), following a successful $100 million tokenized green bond issuance in collaboration with the local government.

coindesk.com

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8/24/2023

The Tokenization Revolution

Tokenization of real-world assets on the blockchain is rapidly gaining momentum, offering benefits such as transaction speed, liquidity, cost-savings, and round-the-clock access, with experts predicting it to become a $16 trillion industry by 2030. Over 70% of financial leaders expect to use tokenization in their businesses, with potential impacts on asset trading, real estate transactions, derivatives, and carbon markets. Tokenization unlocks liquidity, enhances security and data protection, reduces transaction costs, and enables programmability and automation, making it a key driver of digital asset adoption and a fundamental shift in business operations.

8/25/2023

Hong Kong regulator eyes tokenization for bond market improvement: Report

The Hong Kong Monetary Authority released a report on its study of bond tokenization, highlighting the potential of distributed ledger technology (DLT) to enhance efficiency, liquidity, and transparency in bond markets, but also acknowledging the challenges and the need for fine-tuning existing legal and regulatory regimes.

9/7/2023

Tokenization Advocacy Group Wants to Bring the 'Next Trillion' of Assets to Blockchain

The Tokenized Asset Coalition, consisting of industry leaders such as Coinbase and Circle, aims to promote the tokenization of traditional financial assets on a blockchain to bring the "next trillion dollars of assets" on-chain through education, advocacy, and fostering adoption of public blockchains and decentralized finance.

9/14/2023

Tokenization of Assets Projected to Hit $16 Trillion by 2030 as Banks and Firms Embrace Blockchain Efficiencies

The value of tokenized real world assets is expected to reach $16 trillion by 2030, with $3 billion in assets already tokenized, bringing efficiencies in payment and settlement and democratizing finance by making global investment opportunities more accessible to the general population through fractionalized investments.

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Posted 8/25/2023, 12:18:00 PM