HashKey Chain has successfully launched the CPIC Estable MMF, a tokenized USD Money Market Fund managed by CPIC Investment Management (H.K.) Co., Ltd., securing $100 million in subscriptions on its first day.
The fund’s deployment on HashKey Chain strengthens the blockchain’s standing in the institutional DeFi sector. It reinforces its reputation as the go-to platform for traditional finance and real-world asset (RWA) tokenization.
Built on a compliance-driven and high-performance infrastructure, HashKey Chain facilitates efficient, transparent, and secure digital asset management. Its ecosystem supports global financial digitalization, with gas fees below $0.001 per transaction, significantly reducing costs and enhancing liquidity.
Dr Xiao Feng, Chairman and CEO of HashKey Group, emphasized that blockchain is the new infrastructure for value flow, enabling on-chain management of fund shares and merging traditional finance with blockchain innovation. He added that HashKey Chain will continue to enhance cross-chain interoperability and smart contract capabilities to support institutional-grade financial products.
The CPIC Estable MMF is exclusively available to professional investors investing in USD-denominated short-term fixed-income assets and high-quality money market instruments. The PAC platform serves as the tokenization issuance hub, with Standard Chartered Bank handling custody, registration, and fund administration.
CG Zhou, CEO of CPIC Investment Management (Hong Kong), emphasized the significance of the tokenized fund in merging traditional finance with Web3 technology and blockchain for asset management. Leo Zhu, Head of Tokenization Ecosystem, highlighted the rapid growth of the RWA ecosystem and the importance of collaboration with HashKey Chain to link on-chain liquidity pools with off-chain assets, urging global asset issuers and financial partners to engage in innovative partnerships.
In addition to the tokenized fund launch, HashKey Exchange has announced a strategic partnership with B2C2, a global leader in institutional liquidity for digital assets. This collaboration aims to boost market efficiency by integrating multi-currency fiat trading networks, further solidifying Hong Kong’s position as a premier hub for regulated virtual asset trading.
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