The notes which were originated by the Swiss bank and placed to its clients in Hong Kong are the first tokenised security issued by a Chinese bank.
Bank of China International (BOCI) has successfully issued CNH200 million (US$ 28 million) fully digital structured notes, making it the first Chinese financial institution to issue a tokenised security in the country’s special administrative region. The product was originated by UBS and placed to its clients in Asia Pacific, marking a long-term collaboration between BOCI and UBS in the space of digital structured notes as the interest in fully regulated digital asset products increases i