China Asset Management (Hong Kong) launches two tokenized money market funds, unveiling the world’s first RMB tokenized fund
According to ChainCatcher, China Asset Management (Hong Kong) has launched two tokenized money market funds: the ChinaAMC USD Digital Currency Fund and the ChinaAMC RMB Digital Currency Fund, denominated in US dollars and RMB respectively. The ChinaAMC RMB Digital Currency Fund is the world’s first RMB-denominated tokenized fund. Tokenized funds exist in the form of blockchain-based digital tokens, allowing for real-time on-chain verification. In addition to traditional channels such as banks, brokerages, and third-party institutions, subscriptions and redemptions can also be conducted on compliant virtual asset trading platforms.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: If BTC falls below $87,032, the cumulative long liquidation intensity on major CEXs will reach $1.376 billion.
The altcoin season index remains at a low level, currently at 19.
The probability of Stable token's FDV exceeding $2 billion on its first day of launch rises to 85%
Trending news
MoreCrypto prices
More
