The post HashKey, Bosera partner to launch world’s first tokenized money market ETFs appeared on BitcoinEthereumNews.com.

HashKey and Bosera to launch the world’s first tokenized money market ETFs in April. The money market ETFs have already been approved by the Hong Kong SFC. The ETFs are part of Hong Kong’s “Project Ensemble,” led by the Hong Kong Monetary Authority. HashKey Group and Bosera Asset Management have joined forces to launch the world’s first tokenized money market ETFs. This innovative move merges the reliability of traditional money market funds with the dynamic capabilities of blockchain technology, marking a significant stride toward bridging conventional finance with the emerging Web3 ecosystem. The money market ETFs will launch in April The new product introduces tokenized shares of two existing money market ETFs: Bosera HKD Money Market ETF, which is denominated in HKD, and the Bosera USD Money Market ETF, which is denominated in USD. Notably, these ETFs have already received approval from the Hong Kong Securities and Futures Commission. Scheduled for launch in April, these tokenized money market ETFs are designed to provide investors with direct exposure to high-quality money market instruments in a digital format. The ETFs not only promise enhanced transparency and operational efficiency but also cater to the evolving needs of both institutional and DeFi investors. Hong Kong’s “Project Ensemble” Integral to this pioneering initiative is Hong Kong’s “Project Ensemble,” an ambitious sandbox project led by the Hong Kong Monetary Authority. The project aims to explore the tokenization of real-world assets, fostering an ecosystem where traditional financial instruments and blockchain technology coexist seamlessly. HashKey Group’s active participation in this initiative underscores its commitment to driving innovation and setting a benchmark for how traditional finance can effectively integrate with modern digital assets. In a statement via the issued press release, Dr. Xiao Feng, Chairman and CEO of HashKey Group, emphasized that bringing money market ETFs on-chain is a…

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Filed under: News - @ March 28, 2025 9:28 am