The world's first Hong Kong-Singapore mutual recognition fund is launched, and China Merchants Bank International's public offering base completes RWA through multi-chain deployment and partners

On August 8, China Merchants Bank International Asset Management Co., Ltd. (hereinafter referred to as "China Merchants Bank International Asset Management") announced the completion of cooperation with DigiFT to realize the real-world asset tokenization (RWA) and on-chain distribution of China Merchants Bank International Dollar Money Market Fund ("Fund"). The token products issued by DigiFT linked to the performance of China Merchants Bank International Dollar Money Market Fund will provide on-chain sales services to qualified professional investors on the DigiFT platform through the recognition of the fund in Hong Kong and Singapore. DigiFT, a well-known Singapore RWA licensed exchange in the industry, and OnChain, a RWA service provider, provide distribution and technical support for this token product practice. China Merchants Bank International Dollar Money Market Fund has been established since February 2, 2024. As of July 31, 2025, its performance ranked first among similar funds in the Asia-Pacific Bloomberg Ranking.
This token product is the first in the industry to be distributed across multiple jurisdictions, on the DigiFT platform for the first time on multiple chains, supports multi-modal currency redemption, and provides multi-dimensional liquidity. It has leading advantages in technology, compliance and experience. It is specifically reflected in: first, the fund is regulated and recognized in Hong Kong and New Zealand at the same time; second, the token product is the first token product to support deployment on public blockchains such as Solana, Ethereum, Arbitrum, and Plume at the same time, and it is also the first product in the world linked to the performance of public offerings on the Solana public chain; third, the token product supports both fiat and stablecoin redemption; fourth, the token product provides real-time redemption for tokens through self-developed liquidity management contracts.