Hong Kong plans to launch a digital asset platform for tokenized bonds this year, moving beyond pilot projects. The platform, built by CMU OmniClear Holdings, a subsidiary of HKMA, will integrate with regional platforms to strengthen Hong Kong’s digital asset role. The city has already issued $1.28 billion in tokenized bonds.

In March, Hong Kong will issue its first batch of stablecoin licenses, with limited initial approvals. The government aims to facilitate compliant use cases for stablecoins. Additionally, the government will introduce licensing regimes for digital asset service providers and align with global tax transparency standards.

Efforts to expand Hong Kong’s regulated digital asset market include allowing licensed brokers to offer digital asset margin financing and outlining a framework for crypto perpetual contracts for professional investors. These measures aim to deepen liquidity and integrate tokenized bond issuance into the city’s financial infrastructure.

Read more at Cointelegraph: Hong Kong to Launch HKMA Digital Bond Platform in 2026