HashKey Group, in partnership with Bosera, has introduced the world's first tokenized money market ETFs, combining traditional finance with blockchain technology.
ETFs Set To Launch In April
Powered by HashKey Chain, this project is poised to revolutionize asset management and digital finance. Approved by the Hong Kong Securities and Futures Commission (SFC), Bosera's HKD and USD Money Market ETFs will officially launch in April. These products are part of Hong Kong's Project Ensemble Sandbox, which explores the tokenization of real-world assets.
Low-Risk Blockchain-Based Investment Options
Bosera's tokenized money market fund leverages blockchain for greater transparency and efficiency. It provides direct access to high-quality money market assets, acting as a 'yield stabilizer' for DeFi and virtual asset investors. HashKey Group offers full tokenization support, deploying the product via HashKey Chain and distributing through HashKey Exchange and Earn Channel for custody.
Role of Custodians and Administrators
CMB Wing Lung (Trustee) Limited and BOCI-Prudential Trustee Limited serve as custodians and administrators for the ETFs, ensuring secure asset management within the context of tokenization.
The launch of tokenized ETFs by HashKey and Bosera marks a significant step in integrating traditional finance with blockchain technology, offering innovative solutions for efficient capital management.