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In a global first, Hong Kong opens secondary trading for tokenised public funds

📍 Hong Kong, HK·🕐 7h ago·2 outlets

The Hong Kong Securities and Futures Commission (SFC) on Monday approved the world’s first-ever secondary trading of tokenised public funds, reinforcing the city’s push to build the region’s leading ecosystem for tokenised finance. Investors can now trade two tokenised money market funds – the Hong Kong dollar and US dollar versions of the ChinaAMC Digital Money Market Fund – on an SFC-licensed virtual asset trading platform (VATP). “For retail investors, this marks a vital upgrade in time...

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Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.

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[Claude] Both reports describe the same SFC approval of world-first secondary trading of tokenised public funds in Hong Kong, with no conflicting facts.

7h ago
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Reliability
88%

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