Hong Kong Stock Exchange announced the launch of its security token platform
At the first stage of the launch, the users will be able to trade tokenized shares of companies that comply with the ESG principles
30.03.2022 - 10:00
232
1 min
0
What’s new? The Hong Kong Stock Exchange plans to launch a security token trading platform. The service, called Diamond, will appear as early as this year, RTHK reports.
What is known about the new platform? At the first stage, the Diamond users will be able to trade tokenized assets of various companies. Priority will be given to ESG products.
ESG (Environmental, Social and Corporate Governance) are the principles of the company’s activities aimed at solving environmental protection problems, creating favorable social conditions, and fair relations with employees and customers.
The Diamond platform will work on the basis of blockchain technology using smart contracts. According to the representative of the Hong Kong Stock Exchange, Xu Yiming, the tokenized asset market represents a promising niche. By 2030, its total volume may reach $60-100 trillion.
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Cryptocurrency rates
-
Bitcoin
$94 962
BTC
-3.43%
-
Ethereum
$3 434.87
ETH
+1.43%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.44
XRP
-1.23%
-
Dogecoin
$0.408139
DOGE
-4.01%
-
Cardano
$0.983808
ADA
-5.97%
-
Stellar XLM
$0.494865
XLM
-5.2%
-
Polkadot
$8.42
DOT
-7.49%
-
Bitcoin Cash
$504.65
BCH
-1.5%
-
Litecoin
$94.73
LTC
-2.26%