The compliant RMB stablecoin is expected to arrive soon.
China Asset Management (Hong Kong) announced the launch of the second batch of tokenized funds, among which the China RMB Digital Currency Fund is the world's first tokenized fund priced in RMB.
China Asset Management (Hong Kong) announced the launch of the second batch of tokenized funds: the China USD Digital Currency Fund and the China RMB Digital Currency Fund, which, together with the Hong Kong Dollar Digital Currency Fund approved earlier this year in February, form a complete series of tokenized currency funds. Among them, the China RMB Digital Currency Fund is the world's first tokenized fund priced in RMB.
It is understood that this series of funds innovatively adopts a "traditional + digital" dual-track distribution model, allowing investors to trade through traditional channels such as banks and brokers, as well as through licensed virtual asset trading platforms (VATPs) in Hong Kong, providing compliant on-chain yield options for existing institutions, retail clients, and cryptocurrency holders, and is expected to lead on-chain and off-chain investors to deeply integrate into the digital financial ecosystem.$BNB