HashKey and Bosera are set to launch two tokenized money market ETFs in Hong Kong, offering investors secure investment products using blockchain technology.
Tokenized ETFs by HashKey and Bosera
HashKey, in collaboration with Chinese asset manager Bosera, has announced the launch of two tokenized money market ETFs in Hong Kong. These products, the Bosera HKD Money Market ETF and the Bosera USD Money Market ETF, have already been approved by the Hong Kong Securities and Futures Commission.
Benefits of Blockchain Technology
Compared to traditional money market funds, HashKey's products significantly improve transparency and operational efficiency through blockchain technology. This enables investors to gain direct exposure to high-quality money market instruments via tokens, providing a reliable solution for DeFi and virtual asset investors.
Future Plans and Projects
HashKey Exchange, the licensed virtual asset trading platform in Hong Kong, will serve as the primary distribution channel and provide custodial services through its upcoming Earn Channel. The ETFs are expected to be released in April as part of the Hong Kong Monetary Authority’s Project Ensemble Sandbox, which explores the tokenization of real-world assets.
These innovative ETFs offer new opportunities for asset management using blockchain technologies, marking an important step in the development of financial products in Hong Kong.