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Blockchain-based HUMO token backed by government bonds to be piloted in Uzbekistan

Summary by Benzinga
TASHKENT, Uzbekistan, May 13, 2025 (GLOBE NEWSWIRE) -- Uzbekistan is set to pilot a new asset-backed token, HUMO, tied to government bonds. The project aims to create innovative methods of attracting foreign investment, increase transparency of financial transactions, and establish an even more attractive investment environment. The HUMO token will be backed by government bonds. This structure is intended to provide price stability while minimiz…

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Benzinga broke the news in New York, United States on Tuesday, May 13, 2025.
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