HKMA convenes Tokenised Bond Expert Group
HKMA established a Tokenised Bond Expert Group to advance adoption and scalability of tokenised bonds in Hong Kong.
The HKMA's new expert group signals continued policy momentum behind tokenised bond market infrastructure. Industry participants should anticipate evolving standards on issuance, settlement, and disclosure for tokenised fixed income.
Tokenisation reshapes settlement, custody, and operational risk profiles in capital markets, with implications for product approval and infrastructure investment.
Action Required
Assess readiness of DLT custody, settlement, and risk frameworks for tokenised debt issuance and secondary trading.
Strategic regulatory signal on digital asset market development in a major Asian financial centre.
Monitor expert group outputs for emerging standards; evaluate participation in tokenised bond pilots; align DLT, custody, and settlement risk controls with anticipated supervisory expectations.
“The Hong Kong Monetary Authority (HKMA) announced today (5 June) that it has convened a Tokenised Bond Expert Group, bringing together industry representatives with relevant experience and interest in Hong Kong's tokenised bond market development, in order to drive further adoption and scalability of tokenised bonds in Hong Kong.”
Published: 2026-06-05