According to Golden Finance, the Hong Kong Monetary Authority announced that it will issue the third batch of tokenized bonds and continue to encourage the issuance of digital securities through the "Digital Bond Funding Scheme", and actively explored the tokenization of issued traditional bonds. In addition, the Hong Kong government revealed that the Hong Kong Securities Regulatory Commission and the HKMA have set up a special group to formulate a roadmap for developing first- and second-tier bond and money markets, and explore optimization measures to promote the adoption of tokenization technology in the Hong Kong bond market.