ChinaAMC Hong Kong implements tokenized fund subscription in the Hong Kong Monetary Authority Ensemble project

According to Foresight News, China Asset Management (Hong Kong) Co., Ltd., under the Ensemble project pilot program of the Hong Kong Monetary Authority, cooperated with BOC Hong Kong, Futu Securities and Standard Chartered Hong Kong to complete a tokenized fund subscription case in real application scenarios.


This commercial pilot completed the end-to-end transaction process: Futu initiated an inter-bank transfer of tokenized deposits from BOC Hong Kong to Standard Chartered Hong Kong, and successfully subscribed to the tokenized money market fund of China Asset Management (Hong Kong). The fund shares are managed by Standard Chartered Hong Kong, and the entire process is settled seamlessly in the HKMA's Ensemble[TX] pilot environment. The Ensemble project plan has now entered the pilot stage, aiming to promote tokenized deposits and real-price transactions of digital assets.

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