OSL, the leading licensed digital asset platform and listed company under the OSL Group (863.HK), announced today that the first Hong Kong retail tokenized fund, the "Huaxia HKD Digital Currency Fund", will be launched on its platform.
This retail fund Token issued by Huaxia Fund (Hong Kong) (Huaxia Hong Kong) has been approved by the Hong Kong Securities and Regulatory Commission and can be sold to Hong Kong retail tokenized fund clients, and is expected to be officially listed today. Standard Chartered Bank (Hong Kong) will serve as the Token agent, digital platform operator and registrar, and Standard Chartered Trust (Hong Kong) will serve as the fund custodian. This fund is the first real-world asset (RWA) tokenized fund for retail customers in the Asia-Pacific region, setting an important milestone for the regional market.
As a trusted strategic partner, OSL has been awarded as one of the first qualified fund distributors, and will fully support the promotion of this fund with its deep professional expertise in blockchain and digital assets, and promote the subscription and redemption of the fund in the Hong Kong market. Retail customers can quickly participate in the trading of the fund through OSL's leading licensed digital asset platform, and OSL will also leverage its own advantages to ensure that investors can smoothly seize this new investment opportunity.
Diao Jiajun, Executive Director and Head of Regulatory Affairs of OSL, said: "For investors who want to deploy funds in on-chain assets, how to effectively reduce the holding risk without sacrificing convenience and returns has always been a challenge. Retail and professional investors in Hong Kong should enjoy more extensive risk control and liquidity options in digital finance products. Through the OSL platform, users can flexibly adjust the risk exposure of on-chain investments to achieve more precise asset allocation. We are honored to bring Huaxia Fund's tokenized products to investors."
Gan Tian, CEO of Huaxia Fund (Hong Kong) Limited, said: "As the first asset management institution in the Asia-Pacific region to launch a retail tokenized fund, Huaxia Hong Kong has always been committed to expanding the strategic investment field of Web3.0. We are pleased that OSL can cooperate with us and become one of the initial distributors, bringing this innovative product to investors through its leading virtual asset trading platform."
The World Economic Forum pointed out that Tokenization, as a new permission model based on blockchain technology, may transform multiple industries and promote more inclusive development of the global financial market. The Tokenization of real-world assets (RWA) through blockchain technology can not only diversify risks, improve transparency and efficiency, but also significantly enhance the liquidity and tradability of assets.
About OSL
The OSL Group (863.HK, formerly BC Technology Group) is Asia's leading fintech and digital asset listed company, with its platform being the world's first digital asset platform licensed and regulated by the Hong Kong Securities and Futures Commission. Founded in 2018, the company has a long history in the relevant field, and its comprehensive and regulated digital asset solutions are also widely recognized by the industry.
OSL provides market services (brokerage, exchange and custody) and software-as-a-service (SaaS) technology solutions, providing global liquidity to institutional, professional and retail investors through its top-notch digital asset trading platform. OSL's secure and insured wallets ensure the safe storage and efficient trading settlement of digital assets.
As the digital asset industry continues to evolve, the company is also constantly progressing. OSL's simple and customized services ensure that global clients receive compliant services in the ever-evolving digital asset environment.
For more information, please visit: group.osl.com.
