Guotai Junan International announces the layout of tokenized securities business
ChainCatcher news, Guotai Junan International stated that, according to the Hong Kong Securities and Futures Commission's "Circular on Intermediaries Engaging in Activities Related to Tokenized Securities," relevant business plans for "Tokenized Securities Distribution Business" and "Digital Bond Issuance Business" have been submitted and confirmed by the regulatory authority with no further issues.
It pointed out that Guotai Junan International submitted a wealth management-related business plan to the Hong Kong Securities and Futures Commission on January 21, 2025, intending to distribute tokenized securities to clients or provide advice on tokenized securities based on its existing securities trading. The types of tokenized securities covered in the plan include: structured products linked to multiple underlying assets (such as structured notes, over-the-counter derivatives), funds recognized by the Securities and Futures Commission and non-recognized funds, as well as bonds. The Hong Kong Securities and Futures Commission issued a confirmation email on May 7, 2025, stating that there are no further issues with the plan.
At the same time, Guotai Junan International submitted a digital bond issuance business plan to the Hong Kong Securities and Futures Commission based on its existing bond issuance business, indicating that it will be capable of serving as an overall coordinator, syndicate capital market intermediary, or "delivery agent" in future digital bond issuance projects. The Hong Kong Securities and Futures Commission confirmed on April 2, 2025, that there are no further issues with this plan.