China Asset Management (Hong Kong) Makes Hong Kong’s First Digital-Asset Investment Using HKDAP
Uk Jin
Summary
- China Asset Management (Hong Kong) said it carried out Hong Kong’s first digital-asset investment using HKDAP alongside Standard Chartered Bank and OSL Group.
- In the transaction, HKDAP was used for subscriptions and redemptions in a digital money market fund managed by China Asset Management.
- HKDAP is issued by AnchorPoint Financial, a licensed Hong Kong stablecoin issuer established under the leadership of Standard Chartered Bank.
Forecast Trend Report by Period
China Asset Management (Hong Kong), together with Standard Chartered Bank and OSL Group, has carried out Hong Kong’s first digital-asset investment using the Hong Kong dollar stablecoin HKDAP.
Sing Tao reported on September 19 that China Asset Management (Hong Kong), Standard Chartered Bank and OSL Group completed the city’s first digital-asset investment using HKDAP.
In the transaction, HKDAP was used for subscriptions and redemptions in a digital money market fund managed by China Asset Management. HKDAP is issued by AnchorPoint Financial, a licensed Hong Kong stablecoin issuer established under the leadership of Standard Chartered Bank.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.