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Huaxia Fund (Hong Kong) launches two tokenized money market funds
According to Foresight News, Huaxia Fund (Hong Kong) launched two tokenized money market funds: Huaxia USD Digital Currency Fund and Huaxia RMB Digital Currency Fund, respectively denominated in US dollars and RMB. The China RMB Digital Currency Fund is the world's first RMB tokenized fund. Tokenized funds exist in the form of blockchain digital tokens and can be verified in real time on the chain. In addition to traditional banks, securities companies, tripartite institutions and other channels, their redemption can also be carried out on compliant virtual asset trading platforms.
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