Attractive subsidy program: The Digital Bond Grant Scheme (DBGS) helps reduce the costs of issuing tokenized bonds, stimulating financial activity and enhancing Hong Kong’s presence in this field.

Requirements for receiving subsidies: The bonds must be issued on the Central Moneymarkets Unit (CMU) platform, have a significant local presence, and meet minimum size requirements to be eligible for subsidies.

Progress in tokenization: Hong Kong has made positive strides in the tokenization field, exemplified by the issuance of 100 million USD in tokenized green bonds in February 2023, demonstrating a strong commitment to this development.