Huaxia Fund Hong Kong Launches Asia's Largest Tokenized Money Market Fund on Solana
By: theblockbeats.news|2025/12/12 14:45:59
0
Share
Prefer us on Google
BlockBeats News, December 12th, Katie He, Head of Product and Strategy at ChinaAMC Hong Kong (ChinaAMC HK), announced at the Solana Breakpoint Conference that they are launching the first and largest tokenized money market fund in Asia. This fund will cover Hong Kong Dollar (HKD), US Dollar (USD), and Chinese Yuan (RMB) denominations, tokenizing traditional money market instruments to provide investors with a secure, on-chain access to stable yield opportunities, featuring full transparency and real-time settlement. After months of collaboration with regulatory bodies and partners such as OSL, this innovation will expand from Hong Kong to a wider region and be natively deployed on the Solana blockchain.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Taiwan Offers 300 Euros to Every Citizen
Duan Yongping Bets 100 Million Yuan on Moutai Against Domestic Funds' Performance Over Ten Years
Shanghai Man Detained for Defrauding Elderly Neighbor of Over 13 Million Yuan
Chinese woman scams young man out of over 200,000 yuan and invests in virtual currency trading, sentenced to 4 years in prison
Recently, the Haidian Court in Beijing, China, made a ruling on a fraud case. Retired elderly man Meng, due to his obsession with virtual currency trading and unwillingness to use his pension, disguised himself as a "Central Ministry" staff member in his 20s named Xiao Hong on a short video platform...
Chinese hackers controlled 157 government and enterprise websites as a platform for pornography, using cryptocurrency to hide illicit funds, and were sentenced to 4 years and 4 months
Recently, the Qujiang District Court in Quzhou City, Zhejiang Province, China, ruled on a hacker case that used government and enterprise websites as a platform for pornography. The defendant, Zhou, illegally controlled more than 150 servers (involving 157 government and enterprise units and well-kn...
Visa and Stripe are both working on stablecoins, but their focus is not on payments
Why do businesses still need stablecoins? What problems do stablecoins actually solve?
The richest chairman of the Federal Reserve in 112 years has arrived: Kevin Warsh is rewriting the rules
The "richest" new chairman of the Federal Reserve, Kevin Warsh, has officially taken office. His alternative proposal of "balance sheet reduction + interest rate cuts" aims not only to reshape the decision-making mechanism but also to profoundly disrupt the U.S. Treasury, the dollar, and the global ...
Gemini 3.5 is here! Tonight, Google personally eliminates Google
Chopping wood and Hassabis cleared out everything in one night! Gemini Omni generates videos from any input, 3.5 Flash crushes everything, and Spark works for you 24/7 in the cloud. This time, Google aims to bury both OpenAI and Anthropic together.
Morning News | VanEck and Grayscale submitted BNB ETF amendments on the same day; BlackRock discusses investing billions of dollars in SpaceX's IPO; Michael Saylor releases Bitcoin Tracker information again
Overview of Important Market Events on May 17
BRICS Countries Launch Gold-Backed Digital Currency "Unit"
BlockBeats News, December 8th, according to Intellinews citing the Institute of the Russian Academy of Sciences (IRIAS), the BRICS group has launched a working prototype of a gold-backed trade currency called "Unit." This is a digital trading instrument backed by a reserve basket containing 40% phys...
The People's Bank of China set the central parity rate of the Renminbi to the US Dollar at 7.1029, the highest since November 6, 2024.
BlockBeats News, September 8th, the central parity rate of the Chinese Yuan against the US Dollar was adjusted up by 35 basis points from the previous day to 7.1029, marking the highest level since November 6, 2024. (FXStreet)
BitRing completes millions of dollars in financing and launches AI and blockchain-based health protocol BRT
The BitRing team announced that it completed a multi-million dollar financing round at the end of February 2026 from JDI Global, CGV FOF, Catcher VC, co-founder Wu Ming, co-founder of Huobi Yuan Dawei, and Vechain founder Sunny Lu.The BitRing team invented the BRT protocol, which will utilize AI and...
Hong Kong Stablecoin Payment Company RedotPay is Raising New Funding, Aiming for a Valuation of Over $4 Billion for a US IPO
BlockBeats News, March 18th, according to Bloomberg, Hong Kong-based stablecoin payment company RedotPay is in talks with multiple institutions for a new round of financing of up to $1.5 billion. Previously, the company completed financing of over $1.5 billion in September and December last year, wi...
The Hong Kong Monetary Authority's stablecoin licenses will be issued after the two sessions, with the first batch consisting of fewer than 4 companies
According to the Hong Kong Economic Journal, the first batch of stablecoin licenses in Hong Kong will be issued after the Two Sessions, with fewer than 4 licenses in the first batch. It is reported that Yuan Coin Technology, which participated in the Hong Kong Monetary Authority's stablecoin issuer ...
China-led CBDC Project mBridge Surpasses $55 Billion in Cross-Border Payments
Key Takeaways The mBridge project has handled over $55 billion in cross-border payments, signaling a shift from traditional…
Dalio's Year-End Review: Currency, US Stocks, and Global Wealth Redistribution
Bridgewater Associates founder Ray Dalio conducted a systematic review of the 2025 market, highlighting that the core story of the past year was not the seemingly strong performance of the U.S. stock market, but rather the dramatic shifts in currency values and global asset reallocation.
From Wuhan to Silicon Valley, Manus did it in just nine months.
You may call it a “wrapper,” but it wrapped its way all the way to Meta.
Offshore Renminbi Breaks Above 6.97 Against US Dollar, Reaching New High Since May 2023
BlockBeats News, January 2nd, Offshore Chinese Yuan Rises Above 6.97 Against US Dollar, Reaching as High as 6.9678, Hitting a New High Since May 2023. (Cailian Press)
Meta acquires Manus for billions of dollars
BlockBeats News, December 30th. According to LatePost, Meta has acquired the AI application development company Butterfly Effect for billions of dollars. This is Meta's third-largest acquisition since its founding, second only to WhatsApp and ScaleAI. Before the acquisition by Meta, Manus was in the...
China to Launch New Digital Yuan Management System
Key Takeaways The People’s Bank of China will implement a new management system for the digital yuan on…
RIP Alipay in Cambodia: The Rise and Fall
The spectacular collapse of Wanchain signifies a watershed moment, where the Cambodian grey finance system was overwhelmingly crushed by the global compliance iron curtain, also marking the official end of China's grassroots Internet expansion model.
The Transformation of Wealth: From Cryptocurrency to Gold
Key Takeaways Cryptocurrency billionaires are diversifying, with a significant shift towards gold investments. Le Freeport in Singapore acts…
"π Coin Can Now Be Exchanged?" Listed as Rumor with High October Moments in WeChat Security Center
BlockBeats News, November 1st, the WeChat Security Center released the October 2025 Moments Heat Rumor, with "Can you exchange for π coins?" ranking sixth on the list. The WeChat Security Center stated that some internet users on social platforms posted short videos claiming "Now the bank branches h...
Bank of America Dives into Stablecoins to Streamline Trillions in Client Funds, CEO Reveals
Imagine a world where trillions of dollars zip around the globe faster than ever, all thanks to the…
Taiwan Offers 300 Euros to Every Citizen
Duan Yongping Bets 100 Million Yuan on Moutai Against Domestic Funds' Performance Over Ten Years
Shanghai Man Detained for Defrauding Elderly Neighbor of Over 13 Million Yuan
Chinese woman scams young man out of over 200,000 yuan and invests in virtual currency trading, sentenced to 4 years in prison
Recently, the Haidian Court in Beijing, China, made a ruling on a fraud case. Retired elderly man Meng, due to his obsession with virtual currency trading and unwillingness to use his pension, disguised himself as a "Central Ministry" staff member in his 20s named Xiao Hong on a short video platform...
Chinese hackers controlled 157 government and enterprise websites as a platform for pornography, using cryptocurrency to hide illicit funds, and were sentenced to 4 years and 4 months
Recently, the Qujiang District Court in Quzhou City, Zhejiang Province, China, ruled on a hacker case that used government and enterprise websites as a platform for pornography. The defendant, Zhou, illegally controlled more than 150 servers (involving 157 government and enterprise units and well-kn...
Visa and Stripe are both working on stablecoins, but their focus is not on payments
Why do businesses still need stablecoins? What problems do stablecoins actually solve?
...
Contents
Latest articles
08/18/2026
07/13/2026
05/21/2026
Latest coin listings on WEEX
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
