China Asset Management (Hong Kong) launches two tokenized money market funds, the world’s first RMB tokenized fund

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According to ChainCatcher, Huaxia Fund (Hong Kong) has launched two tokenized money market funds: Huaxia US Dollar Digital Currency Fund and Huaxia RMB Digital Currency Fund, denominated in US dollars and RMB respectively. The Huaxia RMB Digital Currency Fund is the world's first RMB tokenized fund. These tokenized funds exist in the form of blockchain digital tokens, which can be verified in real-time on the chain. In addition to traditional channels such as banks, securities firms, and third-party institutions, these funds can also be traded on compliant virtual asset trading platforms.

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