According to a live report by Foresight News , Katie He, Head of Product and Strategy at ChinaAMC HK, stated 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 applications of blockchain technology. She revealed that ChinaAMC (Hong Kong) has issued tokenized money market funds in Hong Kong dollars, US dollars, and RMB, and plans to deploy these tokenized funds on the Solana blockchain. Furthermore, the company is actively participating in the Hong Kong Monetary Authority's "Project Ensemble" sandbox project and has successfully completed a pilot transaction using interbank tokenized deposits to subscribe to tokenized funds.
China Asset Management plans to deploy its tokenized money market fund on Solana.
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