HSBC announced on the 10th that it has issued its first digitally native structured product in Hong Kong. This product is a US Dollar (USD) based structured bond, issued directly on the blockchain from the issuance stage. Details such as the issuance size, underlying assets, maturity, number of investors, and blockchain used were not disclosed. Previously, HSBC has been expanding its tokenization business, focusing on the Hong Kong market, and has also launched Gold Tokens for individual investors.
