China Asset Management may launch a tokenized fund and is more interested in expanding beyond B2B markets
2024-11-25 07:01:57
According to Hong Kong Media Ming Pao Disclosure OSL Group Executive Director and Lawdesk3cryptocurrencydesktopCrypto News
According to Hong Kong media Ming Pao, Diao Jiajun, executive director and head of regulatory affairs of OSL Group, revealed in an interview that as the "first brother" of Chinese funds, China Asset Management is now preparing to launch tokenized funds, and is more interested in promoting them to markets other than B2B. Looking forward to the possibility of tokenization in the future, Diao Jiajun said that money funds with low volatility and high liquidity will be the first choice for issuers to tokenize, followed by government bonds and bonds with high credit ratings; the next stage may involve structured products, with higher distribution costs, and issuers have incentives to invest in improving infrastructure.
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