The offering of Bank of China’s BOCI was the first tokenized security issuance by a Chinese financial institution in Hong Kong, according to the press release, marking the growing ambition of the city to be a global crypto hub. sndr_krisztian reports
BOCI offered CNH 200 million of structured notes, with Swiss banking giant UBS underwriting the issuance and placing with clients in Asia Pacific. This was the first time a Chinese financial institution issued tokenized securities on a public blockchain in Hong Kong, the BOCI press release said.
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