CSOP Launches Hong Kong’s First Tokenised Money Market ETF Class

CSOP Asset Management has introduced a tokenised share class of its Hong Kong Dollar Money Market ETF (3053.HK), allowing investors to access the fund through blockchain-based digital tokens. The ETF invests in HKD-denominated deposits and high-quality money market instruments, offering a regulated source of on-chain yield. HSBC serves as tokenisation agent, trustee, and registrar, while OSL will exclusively support subscriptions and redemptions through its licensed virtual asset platform for six months. The launch marks a significant step in Hong Kong’s efforts to integrate traditional asset management with digital asset infrastructure and expand access to tokenised financial products.