GF Securities (Hong Kong) Issues First Credit-Based Daily Redeemable Tokenized Security

GF Securities (Hong Kong) has connected to HashKey Chain, an Ethereum Layer 2 public chain launched by HashKey Group, and issued its first tokenized security, "GF Token," which can be subscribed and redeemed daily. The product supports three currencies: USD, HKD, and offshore RMB, with on-chain recording and daily interest accrual. The HKD and offshore RMB versions correspond to annualized interest rates of 3.01% and 1.90%, respectively, with subscription starting points of HKD 800,000 and RMB 700,000. [财新]