In a landmark transfer for town’s digital asset technique, GF Securities (Hong Kong) has turn out to be the primary securities agency in Hong Kong to challenge tokenized securities totally on-chain through HashKey Chain.
The brand new product, named “GF Token,” marks a major step within the real-world asset (RWA) tokenization journey.
“GF Token” is designed to be daily-interest-accruing and daily-redeemable, providing each liquidity and transparency by full on-chain issuance. It’s now accessible to high-net-worth people (HNWI) and institutional skilled traders (PIs) throughout three foreign money choices: USD, HKD, and offshore RMB.
The USD model is benchmarked to the Secured In a single day Financing Fee (SOFR), offering a steady, low-volatility automobile for money administration. The token’s on-chain settlement mechanism permits seamless switching between totally different tokenized property, laying the groundwork for broader adoption within the tokenized finance ecosystem.
For the primary time, the product contains a multi-channel distribution and custody mannequin. Traders can subscribe through GF Securities (Hong Kong) or HashKey Trade, and select between conventional custody or direct on-chain possession, making the expertise accessible for each TradFi and Web3 contributors.
The initiative concerned a number of items from HashKey Group, together with NexaToken for tokenization, HashKey Tokenisation for technical assessments, and HashKey Trade for investor distribution. This coordinated mannequin presents an end-to-end framework for safe issuance, custody, and liquidity of on-chain securities.
By integrating conventional monetary infrastructure with blockchain expertise, “GF Token” units a replicable commonplace for compliant, scalable tokenized asset issuance. It represents a pivotal second for Hong Kong’s evolving digital asset market and showcases the rising synergy between regulated finance and decentralized expertise.
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Kosta has been working within the crypto business for over 4 years. He strives to current totally different views on a given matter and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced protection of occasions and developments within the crypto house, offering data to his readers from a impartial perspective.
