Everybody Holds Kurs HOLD

China Asset Management Hong Kong (ChinaAMC HK) has launched a HKD-based digital money market fund, claiming to be the first of its kind for retail investors in Asia-Pacific. Choosing Ethereum as its issuing platform allows the fund to bring an initial scale of over $107 million into the blockchain ecosystem, therefore enabling more interest-bearing products in the decentralized finance sector. The China Asset Management Hong Kong Dollar Digital Currency Fund, which claims to be the first tokenized money market fund for retail investors in the Asia-Pacific region, chose the Ethereum for issuance, with an initial scale of approximately US$107 million. After tokenization,… — Wu Blockchain (@WuBlockchain) March 2, 2025 Although ChinaAMC HK is not a new participant in the financial sector, their choice to start a tokenized fund marks a significant change in the approach modern investment is taken with. Better liquidity and more transparency made possible by tokenization are much sought for among the unpredictability of the economy. Moreover, the fund is reachable to ordinary investors since the Securities and Futures Commission (SFC) of Hong Kong approved it. The fund is now accessible on OSL Digital Securities, a regulated digital asset platform, giving greater access to investors wishing to participate in the blockchain ecosystem without having to follow sometimes convoluted traditional investment routes. China Asset Management Company (ChinaAMC), the parent company of ChinaAMC HK, has larger ambitions behind the fund’s introduction. They are looking at chances this year to start funds in Brazil and the United States. This action intends not only to increase worldwide presence but also to draw foreign investors back to the Chinese market. ChinaAMC has to find creative means to keep the market appealing to global investors as tensions between the US and China remain high and the economic crisis shows no indications of improvement. While awaiting Beijing authorities’ clearance for a cross-listing ETF in Brazil, one of their plans is investigating alliances with US corporations to provide goods for retail investors. The Hong Kong financial market is displaying growing interest in digital assets while ChinaAMC HK is busy developing its blockchain-based products. With total holdings now at 8.88 BTC, CNF previously reported that the Board of Hong Kong Asia Holdings has raised its investment in Bitcoin. They lately set aside HK$5.9369 million internally to buy roughly 7.88 BTC. This indicates that traditional financial institutions beginning to view crypto as a legitimate investment choice are also fueling demand in digital assets, not simply from blockchain-based companies or retail investors. ChinaAMC HK’s choice to start a tokenized fund on Ethereum might be only the start of a more general trend whereby digital assets are progressively included in the world financial system. The issue now is not whether the technology will take hold but rather how fast its adoption will expand as more financial institutions show interest in tokenization . Particularly in terms of openness and accessibility, fund models such as the one introduced by ChinaAMC HK show better efficiency than traditional funds. More financial sector innovation could be sparked by this.

$BTC 📊 - We want 91500k to hold to remain bullish in the shorter term. - Keeping an eye on 96-97k resistance. - A new CME gap has been created, a big one. ($91600 down to $85600) @cheetatrades ↓

Hold ladies and gentlemen

Hold

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