HashKey Group collaborates with Cinda International Asset Management to launch the tokenized note project STBL.

HashKey Group announced a collaboration with Cinda International Asset Management to launch the first STBL project issued by a financial institution in Hong Kong. Hash Blockchain Limited ("HashKey Exchange") serves as the first distributor of the short-term asset-backed liquidity note token STBL issued by Cinda International Asset Management. In the future, Cinda International Asset Management also plans to expand the issuance of STBL to HashKey Chain and introduce innovative incentive mechanisms to broaden the investor base. The underlying assets of STBL comprise a portfolio of AAA-rated money market funds (MMFs).