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Huaxia Fund Hong Kong Launches Asia's Largest Tokenized Money Market Fund on Solana
BlockBeats News, December 12th, Katie He, Head of Product and Strategy at ChinaAMC Hong Kong (ChinaAMC HK), announced at the Solana Breakpoint Conference that they are launching the first and largest tokenized money market fund in Asia. This fund will cover Hong Kong Dollar (HKD), US Dollar (USD), and Chinese Yuan (RMB) denominations, tokenizing traditional money market instruments to provide investors with a secure, on-chain access to stable yield opportunities, featuring full transparency and real-time settlement. After months of collaboration with regulatory bodies and partners such as OSL, this innovation will expand from Hong Kong to a wider region and be natively deployed on the Solana blockchain.
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