Bond creates a new type of online relationship built on trust with real commitment and no lock-in. Bond sits between a free “follow” and a recurring subscription: you bond money to someone once, they earn the interest, and you can withdraw your money anytime. Since a bond is refundable, bonding is effectively free and built on trust from day one. The result is a verified audience list of real people with real intent and skin in the game. Bond was formerly known as Royal, which is an NFT music marketplace.
According to the Seoul Economic Daily, KB Kookmin Bank announced the issuance of a USD 100 million blockchain-based digital bond in the Hong Kong market, marking the first time a Korean bank has applied blockchain technology to an actual foreign-currency financing transaction. This issuance reduces the settlement cycle from the traditional five business days to three business days, helping streamline processes and lower counterparty settlement risk. The two-year USD digital bond was issued privately, with HSBC serving as the sole bookrunner; the issuance process was completed via HSBC’s digital asset platform, Orion.
According to the latest forecast from Morgan Stanley, global bond issuance related to artificial intelligence (AI) could approach $570 billion in 2026, more than doubling from last year's figure.Given that capital expenditures by hyperscalers are expected to surpass $1 trillion by 2027, Morgan Stanley believes the pace of bond issuance will accelerate further in the second half of this year.As of the end of May this year, approximately $236 billion in AI-related debt financing had been issued globally, roughly four times the volume seen during the same period last year.As tech companies continue to escalate their spending on AI, which increasingly exceeds what their own profitability can cover, debt financing is becoming an increasingly important source of capital for them.Morgan Stanley noted that to diversify their funding channels, hyperscalers are increasingly issuing bonds outside of the US dollar market. For instance, giants like Google's parent company Alphabet and Amazon have issued substantial euro-denominated bonds in the European market. (Cailianshe)
The Hong Kong Mortgage Corporation Limited announced its inaugural issuance of HKD 12 billion in public digital bonds, comprising three tranches: a HKD 6 billion 2-year bond, a HKD 2.5 billion 5-year bond, and a three-year digital bond denominated in RMB 3 billion. Among these, the five-year HKD bond represents the longest-maturity HKD digital bond ever issued, setting a new benchmark for the HKD bond market.It is reported that this issuance transaction is the largest digital bond offering globally to date, and the Hong Kong Mortgage Corporation has become the first public institution in Hong Kong to issue a digital bond. The bond will be generated on a distributed ledger technology platform operated by the Central Moneymarkets Unit, which also serves as the settlement and clearing system for the digital bond. (Press Release of the Government of the Hong Kong Special Administrative Region)
According to the Seoul Economic Daily, KB Kookmin Bank announced the issuance of a USD 100 million blockchain-based digital bond in the Hong Kong market, marking the first time a Korean bank has applied blockchain technology to an actual foreign-currency financing transaction. This issuance reduces the settlement cycle from the traditional five business days to three business days, helping streamline processes and lower counterparty settlement risk. The two-year USD digital bond was issued privately, with HSBC serving as the sole bookrunner; the issuance process was completed via HSBC’s digital asset platform, Orion.
According to the latest forecast from Morgan Stanley, global bond issuance related to artificial intelligence (AI) could approach $570 billion in 2026, more than doubling from last year's figure.Given that capital expenditures by hyperscalers are expected to surpass $1 trillion by 2027, Morgan Stanley believes the pace of bond issuance will accelerate further in the second half of this year.As of the end of May this year, approximately $236 billion in AI-related debt financing had been issued globally, roughly four times the volume seen during the same period last year.As tech companies continue to escalate their spending on AI, which increasingly exceeds what their own profitability can cover, debt financing is becoming an increasingly important source of capital for them.Morgan Stanley noted that to diversify their funding channels, hyperscalers are increasingly issuing bonds outside of the US dollar market. For instance, giants like Google's parent company Alphabet and Amazon have issued substantial euro-denominated bonds in the European market. (Cailianshe)
Kookmin Bank has successfully issued a $100 million blockchain digital bond, marking the first such issuance in South Korea's banking sector. The bond was issued through HSBC's digital asset platform Orion and will subsequently be connected to the clearing and settlement system of the Central Moneymarkets Unit under the Hong Kong Monetary Authority. Kookmin Bank will also leverage the HKMA's digital bond subsidy scheme to reduce part of the issuance costs. The bank stated that this issuance is part of KB Financial Group's "Transformation and Expansion" strategy, following the completion of a technical verification for Korean won stablecoin payment and settlement, as it accelerates its digital financial transformation.
The Hong Kong Monetary Authority (HKMA) announced today the establishment of a Tokenized Bond Expert Group, bringing together industry representatives with relevant experience and a shared interest in the development of Hong Kong’s tokenized bond market, to further advance the application and expansion potential of tokenized bonds in Hong Kong. Members of the Expert Group include representatives from industry associations, financial institutions, law firms, and financial infrastructure and technology providers. Building on the progress achieved to date in the HKMA’s various initiatives related to tokenized bonds, the Expert Group will jointly explore policy measures, market practices, and innovative solutions.
According to Nikkei Asia, Japan plans to introduce a blockchain-based, round-the-clock government bond (JGB) trading system as early as 2026, aiming to reduce transaction costs and improve trading efficiency. Meanwhile, several major banks and securities firms will actively advance the tokenization of bond trading this year. Japanese authorities expect that the implementation of tokenized securities trading systems will significantly enhance capital utilization efficiency.