The Hong Kong Securities and Futures Commission has for the first time approved secondary market trading of a tokenized fund offered to the public.

Zhitong Finance APP has learned that the Hong Kong Securities and Futures Commission (SFC) has approved the world's first batch of tokenized funds offered to the public to be traded on the secondary market on SFC-licensed virtual asset trading platforms (VATPs). Two existing SFC-authorized tokenized money market funds (the ChinaAMC HKD Digital Money Market Fund and the ChinaAMC USD Digital Money Market Fund) began offering round-the-clock secondary market trading today.