Taibao Asset Management Hong Kong launches tokenized US dollar money market fund, with subscription scale of US$100 million on the first day
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According to Invest360, China Taiping Investment Management (Hong Kong) Co., Ltd. launched the tokenized US dollar money market fund "CPIC Estable MMF". The fund is a tokenized US dollar money market private equity fund under the framework of an open-end fund-type company regulated by the Hong Kong Securities Regulatory Commission. It has achieved product tokenization on the public chain, with the subscription scale of US$100 million on the first day.