dlt

DLT’s potential to drive transaction efficiency is more widely acknowledged, while some crypto native players are looking to tap into traditional financial products; however, Apac’s regulatory framework is fragmented.

The HKMA has launched a grant scheme of up to HK$2.5m for future digital bond issuances, which is the SAR’s latest move to build its virtual asset ecosystem.

Axelar Foundation has published a white paper on blockchain interoperability across financial institutions as asset tokenisation develops.

After the world’s first multi-currency digital bond offering was oversubscribed, a government spokesperson told FA that tokenised bonds are moving from ‘proof of concept’ into ‘production’.

Experts participating in a panel moderated by FA discussed the benefits of DLT and tokenisation across capital markets, and the efforts of banks and stock exchanges to leverage these emerging technologies.