The Hong Kong Securities and Futures Commission (SFC) on Monday approved the world’s first-ever secondary trading of tokenised public funds, reinforcing the city’s push to build the region’s leading ecosystem for tokenised finance. Investors can now trade two tokenised money market funds – the Hong Kong dollar and US dollar versions of the ChinaAMC Digital Money Market Fund – on an SFC-licensed virtual asset trading platform (VATP). “For retail investors, this marks a vital upgrade in time...
https://www.scmp.com/business/banking-finance/article/3372176/global-first-hong-kong-opens-secondary-trading-tokenised-public-funds
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https://www.scmp.com/business/banking-finance/article/3372176/global-first-hong-kong-opens-secondary-trading-tokenised-public-funds
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