The pilot issuance in Asia demonstrates how tokenisation can support more efficient issuance, settlement and ongoing servicing of structured products.
HSBC has unveiled today a private placement of its first digitally native structured product , which involves USD-denominated notes issued in Hong Kong SAR, supported by Marketnode, a digital market infrastructure operator backed by the British bank. Other stakeholders in the Singapore-based tokensation agent include Euroclear, SGX Group and Temasek, according to its website. Marketnode enabled the digitally native issuance directly on a blockchain and acted as the digital