Hong Kong Advances Blockchain Ambitions with Third Green Bond Offering
Hong Kong is preparing to launch its third issuance of blockchain-based green bonds, denominated in USD, HKD, EUR, and offshore CNY. The MOVE underscores the city's push to cement its status as a global financial hub through digital innovation. Pricing could be finalized as early as Monday.
The bonds, issued on HSBC's distributed ledger technology platform, target environmentally focused projects—appealing to ESG-conscious investors. This follows two prior digital bond deals since 2023, signaling sustained institutional adoption of tokenized assets.
By leveraging blockchain for issuance and settlement, Hong Kong positions itself at the forefront of a growing tokenized securities market. The initiative combines the city's traditional bond market strength with cutting-edge fintech infrastructure.
