HSBC Completes Hong Kong's First Native Digital Structured Product Issuance

Odaily Odaily Planet Daily News HSBC has completed Hong Kong's first native digital structured product issuance, in the form of a private placement of USD-denominated notes. The notes were issued directly on the blockchain, rather than being digitized afterwards. Marketnode served as the tokenization agent and digital payment agent, managing the payment flows between the issuer and investors. Previously, HSBC collaborated with Marketnode and UOB on the Monetary Authority of Singapore's Project Guardian, submitting a case study on the issuance of digitally native structured notes.