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Hong Kong Opens Regulated Secondary Trading for Tokenized Money Market Funds

  • The SFC's authorization permits secondary-market trading of tokenized public funds on a licensed platform for the first time.
  • The initial products are tokenized units of two ChinaAMC money market funds: CUMFU-USD and CAMFF-HKD.
  • Trading is scheduled to launch on the PantherTrade platform on October 15 at 17:00 Hong Kong time.

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