China AMC Launches 'First' Retail Tokenized Fund in APAC

China Asset Management has launched the first retail tokenized fund in the Asia Pacifi (APAC) region.

Broadening Investor Base

The Hong Kong investment firm China Asset Management recently launched a tokenized fund known as the China AMC HKD Digital Money Market Fund. The fund, which primarily invests in Hong Kong dollar (HKD)-denominated short-term deposits and money market instruments, is the first retail tokenized fund in the APAC region.

According to a statement, the fund will be available through eligible distributors, including traditional brokers, banks and licensed virtual asset trading platforms. This is said to broaden the base of investors and align with Hong Kong’s evolving digital asset landscape. Remarking on the launch, Tian Gan, CEO of China AMC, said:

By bridging traditional finance and decentralized finance, the product is part of ChinaAMC (HK)’s commitment to innovation and aligns with broader industry trends toward tokenization. By harnessing blockchain technology, we not only provide an innovative and compliant investment solution but also equip investors with a future-ready platform for the next generation of financial products.

Wholly owned by China Asset Management Co. Ltd., the fund has been actively exploring investment opportunities in blockchain and decentralized finance (DeFi) technologies.

Meanwhile, Mary Huen, CEO of Standard Chartered in Hong Kong and greater China and North Asia, said her bank is happy to help China AMC bring a pioneering investment product to the market. She also emphasized that Standard Chartered is eager to ‘help clients seize the opportunities in the fast-growing digital asset markets while accelerating the development of Hong Kong into a leading global digital assets hub.’

Senior executives at OSL and Solomon JFZ (Asia) Holdings Ltd., some of the first distributors chosen by China AMC, commended the launch and vowed to play their part in accelerating the adoption of tokenized investment solutions in the region.