Hong Kong Advances Blockchain Finance with Third Tokenized Bond and ETF Tax Relief

Hong Kong is set to issue its third tokenized green bond by mid-2025, reinforcing its commitment to blockchain-based financial innovation. The bond leverages distributed ledger technology to enhance transparency and transaction efficiency in green finance.

Concurrently, the government introduced stamp duty relief for exchange-traded funds (ETFs), aiming to bolster market liquidity. These measures are part of a broader strategy to position Hong Kong as a hub for digital asset adoption and institutional investment.

The LEAP policy framework, effective August 1, will provide regulatory guidance for digital asset growth. Treasury officials emphasize the integration of blockchain into real-world financial products, with the new bond serving as a digital representation of traditional assets.