China AMC Hong Kong Dollar Digital Fund Selects Ethereum Public Chain

Source
Uk Jin

Summary

  • China AMC has chosen the Ethereum public chain for issuing its Hong Kong Dollar digital fund.
  • The initial fund size is approximately 107 million Hong Kong dollars.
  • China AMC said they plan to provide more interest-generating tools to the ecosystem through tokenization.

According to Odaily News on the 2nd, China AMC's Hong Kong Dollar digital currency fund has selected the Ethereum (ETH) public chain for issuance.

The initial size of the fund is approximately 107 million Hong Kong dollars.

China AMC stated, "Through tokenization, we can provide more interest-generating tools to the ecosystem. We plan to explore the tokenization of money market funds in various currencies, including the tokenization of RMB money market funds."

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

Trending News