TechFlow news, July 7 — According to Ming Pao, Hong Kong Secretary for Financial Services and the Treasury Authority, Mr. Christopher Hui, stated that the settlement cycle for Hong Kong's tokenized green bonds has been shortened from T+5 to T+1. Tokenization enhances fund transfer speed and trading efficiency. Digital assets and their underlying blockchain technology can reduce transaction friction costs. He expressed hope that tokenization could be widely adopted and integrated into the real economy.
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