CoinVoice has learned that the Secretary for Financial Services and the Treasury, Hui Ching-yu, stated that the settlement cycle for tokenized green bonds issued by the Hong Kong government has been shortened from the 5th trading day after the transaction (T+5) to T+1. Tokenization enhances the speed of fund transfer and trading efficiency, while digital assets and their blockchain technology can reduce friction costs. Tokenization is expected to be widely utilized and integrated with the real economy. [Original link]