Bank of China’s investment arm utilizes Ethereum blockchain to issue $28 million in digital structured notes

June 16, 2023

Image Credit: Other

Bank of China’s investment arm utilizes Ethereum blockchain to issue $28 million in digital structured notes

In a major milestone for the adoption of blockchain technology in the financial sector, Bank of China’s investment arm BOCI has issued $28 million worth of digital structured notes using the Ethereum blockchain network. This makes the bank the first Chinese institution to issue this type of tokenized security in Hong Kong, indicating a significant shift towards blockchain technology.

UBS initiates and distributes notes in Asia-Pacific region

The notes were initiated by UBS, a global investment bank, and distributed to clients in the Asia-Pacific region, marking the first product of its kind in the region. The notes were established under Hong Kong and Swiss law and tokenized on the Ethereum blockchain. With the successful issuance of the notes, UBS plans to expand its tokenization services across structured products, fixed income, and repo financing. The bank aims to leverage blockchain technology to improve efficiency, create greater transparency, and facilitate easier transactions for clients.

Citi analysts point to CBDCs and tokenization as key drivers of mass adoption

Analysts at the global investment bank Citi believe that the rise of central bank digital currencies (CBDCs) and the tokenization of real-world assets will power the next wave of mass adoption of blockchain technology. The report estimated that more than $5 trillion of CBDCs could circulate globally by the end of this decade, giving almost 2 billion people the opportunity to experiment with digital currency. Aurelian Troendle, Global Head of MTN Trading at UBS AG, noted, “High-frequency issuance activity can benefit from vast efficiency gains through the use of blockchain technology, which will ultimately bring advantages to investors.”

The Bank of China offers comprehensive investment banking services

The Bank of China offers both domestic and overseas clients a comprehensive range of investment banking services and has maintained a leading position in Hong Kong’s IPO, stock trading, bond issuance, MPF markets, as well as the Chinese mainland capital markets for a long time. The successful issuance of digital structured notes by Bank of China and UBS could potentially pave the way for further adoption of blockchain technology in the financial sector and encourage other institutions to explore the possibilities of this emerging technology. With blockchain accelerating and reshaping the financial industry, it could only be a matter of time before more innovative applications emerge.

The integration of blockchain technology in the financial sector has been a long time coming, and the successful issuance of tokenized securities by Bank of China’s investment arm BOCI could mark a significant turning point in the adoption of this revolutionary technology.

Explore more

Three Core Traits of Highly Effective Modern Leaders

March 6, 2026

Ling-yi Tsai, a seasoned expert in HR technology and organizational psychology, has spent decades helping global firms navigate the intersection of human behavior and digital transformation. With a deep focus on HR analytics and talent management, she specializes in translating complex psychological principles into actionable leadership strategies that drive measurable results. Her work emphasizes that the most successful organizations are

How Did Zoom Use AI to Boost Customer Satisfaction to 80%?

March 5, 2026

When the world shifted to a screen-first existence, a simple video call became the lifeline of global commerce, education, and human connection, yet the massive surge in users nearly broke the engines of support that kept it running. While most tech giants watched their customer satisfaction scores plummet under the weight of unprecedented demand, Zoom executed a rare maneuver, lifting

How is Customer Experience Evolving in 2026?

March 5, 2026

Today, Customer Experience (CX) functions as the definitive business capability that dictates market perception, revenue sustainability, and long-term loyalty. Organizations are no longer evaluated solely on what they sell, but on how they make the customer feel throughout the entire lifecycle of their relationship. This fundamental shift has moved CX from the periphery of customer support to the very core

How HR Teams Can Combat Rising Recruitment Fraud

March 5, 2026

Modern job seekers are navigating a digital minefield where sophisticated imposters use the prestige of established brands to execute complex financial and identity theft schemes. As hiring surges become more frequent, these deceptive actors exploit the enthusiasm of candidates by offering flexible work and accelerated timelines that seem too good to be true. This phenomenon does not merely threaten individuals;

Trend Analysis: Skills-Based Hiring in Canada

March 5, 2026

The long-standing reliance on university degrees as a universal proxy for competence is rapidly losing its grip on the Canadian corporate landscape as organizations prioritize what people can actually do over where they studied. This shift signals the definitive end of the degree era, a period where formal credentials served as a convenient but often flawed filter for talent acquisition.