HashKey Chain and GF Securities Launch Hong Kong’s First On-Chain Corporate Note

2025/08/22 09:30
bank-hong-kong main

HashKey Chain, a cutting-edge Ethereum L2 chain, has partnered with GF Securities, a licensed financial services platform operating in Hong Kong. The partnership aims to redefine conventional finance with the provision of corporate bonds on-chain. As HashKey Chain mentioned in its social media announcement, the development underscores a milestone for digital finance sector within the jurisdiction. Overall, this move could reshape the bond market of Hong Kong by advancing transparency, efficiency, and a robust basis for advanced financial products.

HashKey Chain Collaborates with GF Securities to Bring Hong Kong’s Earliest Corporate Note On-Chain

As included in its partnership with GF Securities, HashKey Chain has announced the effective issuance and deployment of the city’s earliest tokenized corporate note. The respective instrument is unsecured and senior U.S. dollar fixed-rate note released by Coastal Emerald Limited and Shandong Hi-Speed Holdings Limited guarantees it. GF Securities (Hong Kong) Brokerage Limited plays several crucial roles, including placement agent, arranger, coordinator, custodian for exclusive tokenized securities, and blockchain agent.

What Can Developers Expect from Partnership?

The issuance size reportedly touched $40M, making it a notable launch in the case of market significance and scale. According to HashKey Chain, the successful issuance of the corporate notes on-chain validates the potential of blockchain’s integration with existing financial mechanisms while minimizing dependence on mediators. Moreover, it sets a benchmark for on-chain financial products, letting developers build platforms and tools to seamlessly interact with resilient real-world assets, accelerating blockchain adoption in the mainstream.

Clause de non-responsabilité : les articles republiés sur ce site proviennent de plateformes publiques et sont fournis à titre informatif uniquement. Ils ne reflètent pas nécessairement les opinions de MEXC. Tous les droits restent la propriété des auteurs d'origine. Si vous estimez qu'un contenu porte atteinte aux droits d'un tiers, veuillez contacter service@support.mexc.com pour demander sa suppression. MEXC ne garantit ni l'exactitude, ni l'exhaustivité, ni l'actualité des contenus, et décline toute responsabilité quant aux actions entreprises sur la base des informations fournies. Ces contenus ne constituent pas des conseils financiers, juridiques ou professionnels, et ne doivent pas être interprétés comme une recommandation ou une approbation de la part de MEXC.
Partager des idées

Vous aimerez peut-être aussi

EU looks at public blockchains like Ethereum and Solana for digital euro rollout

EU looks at public blockchains like Ethereum and Solana for digital euro rollout

<p>The post <a href="https://bitcoinethereumnews.com/ethereum/eu-looks-at-public-blockchains-like-ethereum-and-solana-for-digital-euro-rollout/">EU looks at public blockchains like Ethereum and Solana for digital euro rollout</a> appeared on <a href="https://bitcoinethereumnews.com">BitcoinEthereumNews.com</a>.</p> <p>Key Takeaways EU officials are considering launching the digital euro on public blockchains like Ethereum and Solana. Concerns about US stablecoin dominance are driving renewed urgency for the digital euro rollout. EU officials are weighing whether to issue a digital euro on a public blockchain such as Ethereum or Solana instead of a private system, the Financial Times reported Friday, citing people familiar with the consideration. Until recently, the European Central Bank had been expected to pursue a private, closed system for its central bank digital currency, partly due to privacy concerns. Advocates say a public chain could boost the adoption and circulation of the euro. Running the digital euro on an open blockchain would allow it to be traded anywhere, potentially strengthening its role in cross-border payments. Still, officials remain cautious about transparency risks, since public blockchains record transactions openly. The ECB confirmed it is studying both centralized and decentralized technologies, including blockchain-based approaches, as it accelerates its digital euro development plans. However, the bank has not yet settled on a final design. After the US approved sweeping rules for its $288 billion stablecoin market, the GENIUS Act, European policymakers are reexamining plans for a digital euro amid fears of losing ground in digital payments. ECB executive board member Piero Cipollone has warned that the growth of dollar-pegged tokens could undermine Europe’s financial stability and autonomy by shifting euro deposits overseas and further entrenching the dollar in international transactions. A digital euro, unlike private euro stablecoins, would represent the ECB’s direct commitment to digital assets and serve as a reliable public option. Like the EU, Beijing is increasingly wary of the dominance of dollar-backed stablecoins in global markets. China is considering approving yuan-backed stablecoins, an initiative aimed at enhancing the international use of its currency and competing with the&#8230; </p>
Partager
BitcoinEthereumNews2025/08/22 14:01
Partager