HashKey Chain and GF Securities (Hong Kong) have jointly launched the city’s first fully on-chain tokenized security, signaling a major leap forward in the tokenization of real-world assets (RWA) and blockchain-based financial innovation in Asia.
The newly introduced product, named GF Token, is issued by GF Securities (Hong Kong) and built on HashKey Chain’s blockchain infrastructure. Notably, it is the first tokenized security in Hong Kong to offer both daily interest accrual and daily redemption while supporting seamless switching between other on-chain financial instruments. Designed for institutional and high-net-worth professional investors, the product can be subscribed to via GF Securities or the HashKey Exchange, with flexible custody options available through either traditional securities accounts or directly on-chain.
???? HashKey Chain has partnered with GF Securities (Hong Kong) to launch its first tokenized security, with end-to-end on-chain deployment and issuance.
????️ Time: June 27, 2025
▶️About GF Token:
—Available in USD, HKD & CNH
—USD yield pegged to SOFR
—High liquidity & daily… pic.twitter.com/dS1VykEf6m— HashKey Chain (@HSKChain) June 27, 2025
To cater to diverse investor preferences, GF Token is available in three currency denominations: USD, HKD, and offshore RMB. The USD version is benchmarked to the Secured Overnight Financing Rate (SOFR), making it an attractive, low-volatility cash management tool. All transactions are logged transparently on-chain, ensuring real-time visibility and full traceability—key features for institutional-grade digital assets.
The execution of the project brought together several divisions of HashKey Group. NexaToken, a service under HashKey Cloud, facilitated the tokenization process, while HashKey Tokenisation provided technical expertise and feasibility consultation.
Zeng Chao, CEO of GF Securities (Hong Kong), praised the initiative as a “major milestone” in the firm’s digital roadmap. He highlighted how the partnership with HashKey enables GF’s offerings to “enter the public blockchain space more efficiently.”
Echoing this sentiment, Dr. Xiao Feng, Chairman of HashKey Group, described the collaboration as a benchmark for compliant asset tokenization.“GF Token reflects the deep synergy between financial institutions and blockchain infrastructure,” he said.
Further strengthening its global footprint, HashKey Group recently launched HashKey Global MENA after securing a Virtual Asset Service Provider (VASP) license from Dubai’s VARA. This expansion enables the firm to offer virtual asset exchange and broker-dealer services across the Middle East, aligning with its mission to build a compliant, global digital asset ecosystem.
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