Regulation· ★★★★· bullish·

Hong Kong launches world's first 24/7 trading of tokenized money market funds

  • —SFC approved 24/7 trading of tokenized MMFs on licensed VATP platforms
  • —Two previously approved tokenized money market funds started round-the-clock trading
  • —Project Ensemble will connect tokenized deposit and asset trading with settlement
  • —The move aims to speed settlement and broaden distribution of tokenized products
Why it matters: Hong Kong sets a global precedent for tokenized funds on crypto venues, potentially accelerating institutional inflows into real-world assets.
Source: Bloomingbit
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