HashKey and bosera Introduce Tokenized Money market ETFs in Hong Kong
HashKey and Bosera are set to launch two innovative tokenized money market ETFs in Hong Kong. These funds aim to provide a secure and stable option for cash management, similar to traditional money market funds.
The ETFs, named Bosera HKD Money Market ETF and Bosera USD Money Market ETF, have been approved by the hong Kong Securities and Futures Commission.They will offer blockchain-based access to low-risk,liquid investments. This technology enhances clarity and operational efficiency, allowing investors to directly access high-quality money market instruments via tokens.
HashKey Exchange, a licensed virtual asset trading platform, will distribute these ETFs and provide custody services through its upcoming Earn Channel. The funds are expected to launch in April, though the exact date is yet to be confirmed.
These etfs are part of the Hong Kong Monetary Authority’s Project Ensemble sandbox, exploring the tokenization of real-world assets. They serve as a ‘yield stabilizer’ for on-chain investors,helping DeFi enthusiasts balance yields and mitigate market risks.
Key benefits of these ETFs include:
- improved transparency and efficiency through blockchain
- Direct exposure to high-quality money market instruments
- Secure and stable cash management options
For more details, visit the hashkey website.
