Tokenized Finance in Action
GF Securities' Hong Kong unit has launched a tokenized security, known as GF Token, which offers daily interest and can be redeemed daily. It's issued in USD, HKD, and offshore yuan.
How It Works
Benchmark: USD token is tied to Secured Overnight Financing Rate (SOFR).
Investors: Open only to institutional and professional investors.
Platform: Issued on blockchain and traded on Hashkey Exchange.
Why It Matters
Part of Hong Kong's push to become a Web3 financial hub.
Tokens offer utility for idle capital, with potential for switching across tokenized assets.
Daily interest products may provide an alternative to money market funds or traditional savings for sophisticated investors.
MoneyMaster Take — Key Insights:
Real-world tokenization is happening now — not just hype.
GF Token shows institutional DeFi in motion, offering flexible and regulated digital yield.
Watch Hong Kong’s role in setting the stage for Asia-led digital finance evolution.
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