News
China Asset Management plans to deploy its tokenized currency funds to Solana
Foresight News reported on the spot that Katie He, head of product and strategy at ChinaAMC HK, said that ChinaAMC (Hong Kong) launched Asia’s first Solana spot ETF in October this year. Following the launch of Bitcoin and Ethereum spot ETFs, the company is further exploring the practical application of blockchain technology. She revealed that China Asset Management (Hong Kong) has issued tokenized money market funds (Tokenized Money Market Funds) in Hong Kong dollars, US dollars and renminbi, and plans to deploy these tokenized funds on the Solana chain. In addition, the company is actively participating in the "Project Ensemble" sandbox project of the Hong Kong Monetary Authority and has successfully completed a pilot transaction using inter-bank tokenized deposits to subscribe to tokenized funds.
Disclaimer: The views in this article only represent the author's personal views and do not constitute investment advice from this platform. This platform does not make any guarantees about the accuracy, completeness, originality and timeliness of the information in the article, nor is it responsible for any losses caused by the use or reliance of the information in the article.