According to Odaily Planet Daily, the Hong Kong SAR government has commissioned banks to prepare for a potential digital bond issuance. If this issuance proceeds, it will be Hong Kong's third digital bond issuance. In 2023, the Hong Kong SAR government successfully issued HK$800 million in tokenized green bonds under the Government Green Bond Program, the world's first tokenized green bond issued by a government. This was followed by the issuance of the world's first multi-currency digital green bond in 2024, totaling approximately HK$6 billion.