Hong Kong's first retail tokenized fund, the "Huaxia Hong Kong Dollar Digital Currency Fund," will be launched on the OSL platform.
Leading licensed digital asset platform and listed company OSL Group (863.HK) announced today that Hong Kong's first retail tokenized fund, the "Huaxia Hong Kong Dollar 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 Futures Commission and is eligible for sale to retail tokenized fund clients in Hong Kong, with an official listing expected today. Standard Chartered Bank (Hong Kong) will act as the tokenization agent, digital platform operator, and registrar, while Standard Chartered Trust (Hong Kong) will serve as the fund custodian. This fund is the first real-world asset (RWA) tokenized fund aimed at retail clients in the Asia-Pacific region, marking an important milestone for the regional market.
As a trusted strategic partner, OSL has been recognized as one of the first qualified fund distributors and will leverage its deep expertise in blockchain and digital assets to fully support the promotion of this fund and facilitate subscriptions and redemptions in the Hong Kong market. Through OSL's leading licensed digital asset platform, retail clients can quickly participate in the buying and selling of the fund, and OSL will utilize its advantages to ensure that investors can smoothly seize this new investment opportunity.
OSL Executive Director and Head of Regulatory Affairs, Diao Jiajun, stated: "For investors deploying funds into on-chain assets, effectively reducing holding risks without sacrificing convenience and returns has always been a challenge. Retail and professional investors in Hong Kong should enjoy broader risk control and liquidity options in digital financial products. Through the OSL platform, users can flexibly manage the risk exposure of on-chain investments, achieving more precise asset allocation. We are honored to bring Huaxia Fund's tokenized products to investors."
CEO of Huaxia Fund (Hong Kong) Limited, Gan Tian, stated: "As the first asset management institution in the Asia-Pacific region to launch a retail tokenized fund, Huaxia Hong Kong has been committed to expanding strategic investment in the Web 3.0 space. We are pleased that OSL can collaborate with us as one of the initial distributors, bringing this innovative product to investors through its leading virtual asset trading platform."
The World Economic Forum points out that tokenization, as a new permission model based on blockchain technology, has the potential to transform multiple industries and promote inclusive development in global financial markets. The RWA tokenization, which digitalizes assets through blockchain technology, not only diversifies risks, enhances transparency and efficiency but also significantly improves the liquidity and tradability of assets.
About OSL
OSL Group (863.HK, formerly BC Technology Group) is a leading fintech and digital asset listed company in Asia, with its platform being the world's first licensed and insured digital asset platform approved by the Hong Kong Securities and Futures Commission. Established in 2018, the company has a long history in the relevant fields, and its comprehensive and regulated digital asset solutions are well recognized in the industry.
OSL provides market services (brokerage, exchange, and custody) and software-as-a-service (SaaS) technology solutions, offering global liquidity to institutional, professional, and retail investors through a top-tier digital asset trading platform. OSL's secure and insured wallets ensure the safe storage and efficient trading and settlement of digital assets.
As the digital asset industry continues to evolve, the company also progresses. OSL's simple and tailored services ensure that global clients receive compliant services in the ever-evolving digital asset environment.
For more information, please visit: group.osl.com.
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