According to Foresight News, Hong Kong Monetary Authority Chief Executive Eddie Yue said that the HKMA plans to issue a second tokenized green bond in the coming months. The HKMA is studying the process of tokenized green bond redemption within the blockchain to improve operational efficiency. At the same time, the HKMA is also studying the application of tokenized green bonds using blockchain technology and the Internet of Things (IOT). Eddie Yue revealed that the funds raised by Hong Kong green bonds and green loans have increased from nearly US$11 billion two years ago to US$80 billion (approximately HK$625.2 billion), an increase of nearly 7 times.