ChinaAMC (Hong Kong) Launches Two Tokenized Money Market Funds

ChinaAMC (Hong Kong) has launched two tokenized money market funds: the ChinaAMC USD Digital Currency Fund and the ChinaAMC RMB Digital Currency Fund, denominated in USD and RMB, respectively. The ChinaAMC RMB Digital Currency Fund is the world's first RMB tokenized fund. Tokenized funds exist in the form of blockchain digital tokens, which can be verified in real time on the chain. In addition to traditional banks, securities companies, and third-party institutions, subscriptions and redemptions can also be carried out on compliant virtual asset trading platforms. [Foresight News]