Hong Kong Financial Secretary: The settlement cycle for tokenization of green bonds has been shortened, improving trading efficiency.

Gate News bot message, the Secretary for Financial Services and the Treasury of Hong Kong, Christopher Hui, recently stated that the settlement cycle for the government's issued tokenized green bonds has been shortened from T+5 to T+1. He pointed out that tokenization not only accelerates the flow of funds but also enhances trading efficiency. Christopher Hui emphasized that digital assets and blockchain technology help to drop transaction friction costs and hopes that these technologies can be widely applied to achieve integration with the real economy.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)