🔥💥The regulatory body in Hong Kong approves plans for tokenized securities🔥💯

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🦷⚡According to BlockBeats, Guotai Junan International announced that the Securities and Futures Commission of Hong Kong (SFC) confirmed that there are no further issues with the business plans submitted by them for distributing tokenized securities and issuing digital bonds. On January 21, 2025, Guotai Junan International submitted a business plan for wealth management to the SFC, aimed at

🤍⚡distributing tokenized securities to clients and providing related advisory services. The plan includes tokenized securities linked to a variety of underlying assets, such as structured products (including structured bonds and over-the-counter derivatives), recognized and unrecognized funds by the SFC, and bonds.

Tokenized securities refer to traditional financial instruments, such as

❤️⚡stocks, bonds, and funds, that are managed digitally through distributed ledger technology (DLT), such as blockchain. Essentially, these are traditional securities repackaged using tokenization to achieve a technological transformation in their form.🟢🔶

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