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OSL Digital Securities (OSL), a regulated digital asset platform and part of OSL Group (863.HK), announced the launch of the ChinaAMC HKD Digital Money Market Fund on 28 February 2025, the first retail tokenised fund available in Hong Kong.
China Asset Management (Hong Kong) (ChinaAMC HK) issued the fund, which the Securities and Futures Commission (SFC) approved for retail distribution, and it debuted on OSL’s platform.
Standard Chartered Bank (Hong Kong) serves as the tokenization agent, digital platform operator, and administrator for the fund, while Standard Chartered Trust (Hong Kong) is the custodian.
The ChinaAMC HKD Digital Money Market Fund is the region’s first tokenised fund designed specifically for retail investors and represents a key development in tokenised real-world assets (RWA).
OSL is one of the initial distributors for this fund, leveraging its expertise in blockchain and digital assets to facilitate subscriptions and redemptions for retail clients in Hong Kong. The platform aims to provide seamless access to the fund, connecting investors with this new investment opportunity.
Gary Tiu, the Executive Director & Head of Regulatory Affairs at OSL, stated,
Gary Tiu
“Investors deploying capital to on-chain assets have limited opportunities to de-risk their positions without sacrificing convenience and yields. Retail and professional investors in Hong Kong deserve a wider risk and liquidity spectrum in their digital financial products. OSL users can now enjoy more choices to increase or decrease their risk exposures even when investing on-chain. We are proud to offer the ChinaAMC fund tokens to our investors.”
Tokenization, as described by the World Economic Forum, introduces a new ownership model based on blockchain technology, offering potential efficiencies, greater accessibility, and enhanced liquidity.
RWA tokenization allows digital representation of traditional assets, enabling features such as fractional ownership and increased transparency in financial markets.
