Hong Kong’s Securities and Futures Commission (SFC) announced on 2026-10-26 that it had approved and launched secondary-market trading of tokenized public funds on licensed virtual asset trading platforms (VATPs), describing it as the first deployment of its kind on an SFC-licensed platform. The first products are ChinaAMC’s Hong Kong Dollar Digital Money Market Fund and US Dollar Digital Money Market Fund. They can be traded on the licensed platform PantherTrade in the secondary market around the clock, with both retail and professional investors eligible to participate.
This marks the official opening of secondary trading under the framework for tokenized funds introduced by the SFC in 2026-04. It extends tokenized money market funds beyond primary-market subscriptions and redemptions to continuous secondary-market trading, and points toward future integration with tokenized deposit capabilities under HKMA Project Ensemble. The regulator said it would consider gradually expanding the range of products, depending on how the market performs.
Catalyst: Secondary trading of tokenized public funds opens in Hong Kong, with licensed platforms adding 24/7 trading.
#RWA #HongKong #Web3 $USDT
This marks the official opening of secondary trading under the framework for tokenized funds introduced by the SFC in 2026-04. It extends tokenized money market funds beyond primary-market subscriptions and redemptions to continuous secondary-market trading, and points toward future integration with tokenized deposit capabilities under HKMA Project Ensemble. The regulator said it would consider gradually expanding the range of products, depending on how the market performs.
Catalyst: Secondary trading of tokenized public funds opens in Hong Kong, with licensed platforms adding 24/7 trading.
#RWA #HongKong #Web3 $USDT