Download App

iOS & Android

Bitcoin $66,636.53 -0.52%
Ethereum $3,083.08 -1.27%
BNB $574.50 -1.07%
Optimism $2.45 -3.72%
Arbitrum $0.96 -5.04%
Solana $170.54 -1.65%
Polygon $0.68 -3.63%
Cosmos $8.19 -4.23%
Avalanche $35.63 -4.81%

HSBC: Blockchain Bond Tokenization Platform HSBC Orion May Support Cross-Border Transactions in the Future

Mary Hui, the head of global banking business in the Asia-Pacific region of HSBC, said that the Orion platform launched by HSBC allows issuers to issue electronic bonds in Luxembourg through blockchain and can be traded in multiple currencies on the platform. It may support cross-border transactions in the future.

Mary Hui also pointed out that in February of this year, HSBC assisted the Hong Kong government in issuing a tokenized green bond with a total value of HK$800 million, which combines digital finance, ESG, and wealth investment, fully demonstrating the future development of banks. (Hong Kong Economic Times)

HSBC Blockchain

Comments

All Comments

Recommended for you

Cointime's Evening Highlights for May 24th

1. CryptoPunks Launches “Super Punk World” Digital Avatar Series
Pudgy Penguins and Lotte strategically cooperate to expand into the Korean market, and the floor price rose by 3.1% on the 7th

The NFT series "Pudgy Penguins" has recently announced a strategic partnership with South Korean retail and entertainment giant Lotte Group on the X platform to expand its market in South Korea and surrounding areas. More information will be announced in the future. According to CoinGecko data, the floor price of Pudgy Penguins is currently 11.8 ETH, with a 7-day increase of 3.1%.
CryptoPunks Launches “Super Punk World” Digital Avatar Series

Blue-chip NFT project CryptoPunks announced the launch of "Super Punk World" on X platform, which is the project's first release of 500 digital avatars inspired by the iconic CryptoPunks features and combined with Super Cool World attributes. It is reported that the series may launch auctions in the future, and more details about the collection and auction of this series will be announced soon.
Drift Foundation: The governance mechanism is gradually being improved, and DRIFT is one of the components

The Drift Foundation stated on the X platform that the DRIFT token is a component of governance and a key element in empowering the community to shape the future. The governance mechanism is gradually improving, and more information will be announced soon.
U.S. senators propose spending $32 billion to develop AI and build safeguards around it

A bipartisan group of four senators led by Chuck Schumer, the leader of the majority party in the United States, has proposed that Congress spend at least $32 billion over the next three years to develop artificial intelligence (AI) and establish safeguards around it.
CryptoQuant: Bitcoin demand is now in acceleration mode again after two months of decline

On May 16th, cryptocurrency analysis company CryptoQuant stated in a report that despite a rebound in Bitcoin demand from the low point of the accumulation range, after two months of downward trend, Bitcoin demand is once again in "acceleration mode".
Fed's Schmid: Low interest rate environment "may not necessarily" return

The Federal Reserve's Schmid said that the overall economy is still strong. Inflation is still too high, and the Federal Reserve has more work to do. Interest rates may remain high for a period of time, and I prefer to reduce the Federal Reserve's balance sheet as much as possible under the premise of compliance with the operating framework. The low interest rate environment may "not necessarily" return.
a16z partner: Americans have accepted digital assets, but current regulatory approaches limit innovation and privacy

Web3 supporter and a16z partner Chris Dixon (cdixon.eth) posted on social media that in the next two weeks, the House of Representatives will vote on the most important crypto legislation to date, the "21st Century Financial Innovation and Technology Act" (FIT21). We have long called for clear regulation to protect consumers and innovation, and the FIT21 bill will achieve this.
Blockchain Asset Management announces launch of a dedicated blockchain fund for accredited investors

Blockchain Asset Management, a cryptocurrency fund with a scale of $100 million, announced the launch of an exclusive blockchain fund for qualified investors. The specific amount of funds raised by the fund has not been disclosed yet, but it is said to have reached "eight figures", which means it is in the tens of millions of dollars. In addition, the investment threshold for the new fund is $100,000, and all investors are required to meet the approved standards (annual income exceeding $200,000, net assets exceeding $1 million).
Shanghai Municipal Party Committee Secretary: Welcome Standard Chartered to establish more new institutions, new businesses and new platforms such as blockchain in Shanghai

Chen Jinong, the Secretary of the Shanghai Municipal Party Committee, met with Weihao Si, the Chairman of the Board of Directors of Standard Chartered Bank, and Mark William D'Arcy, the Executive Director, and some members of the Board of Directors yesterday morning. Chen Jinong stated that he welcomes Standard Chartered Bank to leverage its own advantages, strengthen strategic connections, place more new institutions, businesses, and platforms such as wealth management and blockchain in Shanghai, focus on deepening pragmatic cooperation in technology finance, green finance, digital finance, and create more application scenarios, and provide comprehensive and professional service support for enterprises to go abroad.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

March 27 - March 27

Seoul

Recently Searched

Hot Coins

Trending

Daily Must-Read

Welcome Back

Join CoinTime

Sign in with email

Sign up with email

Check your inbox

HSBC: Blockchain Bond Tokenization Platform HSBC Orion May Support Cross-Border Transactions in the Future

All Comments

Recommended for you

Cointime's Evening Highlights for May 24th

Pudgy Penguins and Lotte strategically cooperate to expand into the Korean market, and the floor price rose by 3.1% on the 7th

CryptoPunks Launches “Super Punk World” Digital Avatar Series

Drift Foundation: The governance mechanism is gradually being improved, and DRIFT is one of the components

U.S. senators propose spending $32 billion to develop AI and build safeguards around it

CryptoQuant: Bitcoin demand is now in acceleration mode again after two months of decline

Fed's Schmid: Low interest rate environment "may not necessarily" return

a16z partner: Americans have accepted digital assets, but current regulatory approaches limit innovation and privacy

Blockchain Asset Management announces launch of a dedicated blockchain fund for accredited investors

Shanghai Municipal Party Committee Secretary: Welcome Standard Chartered to establish more new institutions, new businesses and new platforms such as blockchain in Shanghai

Daily Must-Read

Will this cycle skip Ethereum?

Genesis Global secures court approval for $3B payout

JPMorgan’s Onyx to industrialize blockchain PoCs from Project Guardian

OKX Ventures invests in Web3 ‘play ARPG to train AI’ game Blade of God X

Bitcoin volatility plunges below Tesla, Nvidia stocks amid $100K price prediction

What are tokenized commodities?

Popular Activities

Delysium $AGI & AI Private Yacht Party

Popular Tags

Share