China AMC Launches ‘First’ Retail Tokenized Fund in APAC
- China Asset Management has introduced the first retail tokenized fund in the Asia Pacific region.
- The fund is named China AMC HKD Digital Money Market Fund.
- It primarily invests in Hong Kong dollar (HKD)-denominated short-term deposits.
- The initiative aims to broaden the investor base in the region.
China Asset Management’s launch of the China AMC HKD Digital Money Market Fund marks a significant step as it becomes the first retail tokenized fund available in the Asia Pacific region, focusing on investments denominated in Hong Kong dollars.
Source (2.6)https://news.bitcoin.com/china-amc-launches-first-retail-tokenized-fund-in-apac/?rand=52384