Digital MM Debuts at ChinaAMC HK
The website TronWeekly posted a story titled, "Ethereum-Based $107M Digital Currency Market Fund Debuts at ChinaAMC HK," which tells us, "China Asset Management Hong Kong (ChinaAMC HK) launched the ChinaAMC HKD Digital Money Market Fund combining blockchain technology with traditional finance through its platform. This fund started operations on February 28, 2025, to serve retail Asia-Pacific investors through the Ethereum blockchain platform. The fund launched with an initial value of US$107 million represents the first money market fund token available for this demographic in the Asia-Pacific region. Standard Chartered Bank (Hong Kong) serves as the tokenization agent and administrator, but OSL Digital Securities is the market's key distributor." The piece explains, "The implementation of digital assets in conventional investment options holds a position as an emerging industry trend. The fund allocates its assets to short-term HKD-denominated deposits and high-quality money market instruments. Ethereum allows ChinaAMC HK to provide investors faster transactions and better market access. Hong Kong advances as a digital asset innovation center through this move which received approval from the Securities and Futures Commission (SFC)." It adds, "Investors who want exposure to diversified digital assets within the retail market can now access opportunities through the ChinaAMC HKD Digital Money Market Fund. The investment requires at least HKD 10, USD 1, or RMB 10 for minimum subscriptions across three share classes. Because of this accessibility feature, the fund seeks to increase its financial accessibility. Despite strong investments, the ChinaAMC HKD Digital Money Market Fund has faced risks because of blockchain security problems, credit risks tied to short-term deposits and currency fluctuations."
