Dow Protocol(@DowProtocol):What comes next is the harder half of RWA. Sovereign and corporate debt are already structured for capital markets; bringing them on-chain is mostly a format upgrade. The next wave of assets won't move that cleanly. They'll need enforceable collateral written directly into the instrument itself, financial operations — origination, servicing, liquidation, that run without the slow, manual coordination traditional finance depends on, and recourse mechanics that hold up when something actually breaks.

2026.06.06 09:43

What comes next is the harder half of RWA. Sovereign and corporate debt are already structured for capital markets; bringing them on-chain is mostly a format upgrade. The next wave of assets won't move that cleanly. They'll need enforceable collateral written directly into the instrument itself, financial operations — origination, servicing, liquidation, that run without the slow, manual coordination traditional finance depends on, and recourse mechanics that hold up when something actually breaks.

BSCN@BSCNews

2026.06.05 21:01

Hong Kong pulls JPMorgan, HSBC and UBS into its tokenized bond push Hong Kong is bringing the big banks to the table. The HKMA (@hkmagovhk) has set up a Tokenized Bond Expert Group with members including JPMorgan, HSBC, Standard Chartered, UBS, Ant Digital, and HashKey. The job: shape policy, market practices and the legal rulebook to scale tokenized bond adoption. The first talks, held in May, zeroed in on how Hong Kong's rules apply to issuing and trading them. Hong Kong has sold tokenized government bonds since 2023, including a 2025 deal that was the first to use digital e-CNY and e-HKD.