Hong Kong will issue its third blockchain-based green bonds.

Hong Kong Steps Forward with New Digital Green Bonds

Hong Kong is preparing to issue a new series of government-backed digital green bonds expressed in multiple currencies. These bonds represent the city’s third digital bond sale since 2023. Additionally, they are part of the city’s goal to become a leading global hub for tokenized assets.

The bonds being rated AA+ by S&P could increase the appeal towards growing blockchain-based debt demand. Indeed, it is reported that companies in Hong Kong that have previously issued at least six tokenized bonds have raised over 1 billion dollars in total.