HashKey and Bosera To Launch World’s First Tokenized Money Market ETFs

HashKey Group, a prominent digital asset financial services group in Asia, has joined forces with Bosera to introduce the world’s first tokenized money market ETFs. This groundbreaking collaboration merges traditional finance with blockchain technology, offering increased transparency, security, and liquidity.

The upcoming launch of the Bosera HKD Money Market ETF and Bosera USD Money Market ETF, powered by HashKey Chain, is set to revolutionize asset management and digital finance. These ETFs, approved by the Hong Kong Securities and Futures Commission (SFC), are scheduled to debut in April. As part of Hong Kong’s Project Ensemble Sandbox, which focuses on tokenizing real-world assets, HashKey Group is actively involved in advancing the tokenized ecosystem in collaboration with the HKMA and SFC.

The Bosera HKD and USD Money Market ETFs are renowned for their low risk and high liquidity, blending traditional stability with the innovative capabilities of blockchain technology. This unique offering provides investors with an efficient cash management solution, catering to those seeking low-risk investment options with the benefits of blockchain technology.

Utilizing blockchain technology, Bosera’s tokenized money market fund enhances transparency and efficiency, granting investors direct access to high-quality money market assets. Designed as a “yield stabilizer,” this product is an attractive option for DeFi and virtual asset investors. HashKey Group provides comprehensive tokenization support for this project, leveraging HashKey Chain for secure asset management. The ETFs will be available for distribution through HashKey Exchange, Hong Kong’s largest licensed platform, with additional custody services offered via the Earn Channel.

Dr. Xiao Feng, Chairman and CEO of HashKey Group, emphasized the significance of bringing money market ETFs on-chain through blockchain technology as a pivotal step for traditional finance to embrace Web3. CMB Wing Lung (Trustee) Limited and BOCI-Prudential Trustee Limited have been appointed as custodians and administrators for the Bosera HKD and USD Money Market ETFs, ensuring the security and integrity of the investment products.