GF Securities Hong Kong and HashKey Chain have launched the town’s first tokenized safety that’s issued, recorded, and managed totally on blockchain.
The brand new product, known as “GF Token,” was introduced on June 27, and is being described as a brand new approach for buyers to entry short-term monetary merchandise by safe and clear know-how.
GF Token is offered in Hong Kong {dollars}, U.S. {dollars}, and offshore RMB. The U.S. greenback model is tied to the secured in a single day financing price. The token is designed to supply each day curiosity and simple redemption. It seeks to supply buyers with an easy-to-use, low-risk strategy to deal with their idle capital.
Not like earlier tokenized securities, it provides an entire on-chain setup, from creation to storage to distribution. Traders can subscribe by GF Securities or HashKey Change. In addition they have the selection of holding the tokens in an everyday securities account or immediately on-chain, making it simpler for each conventional and crypto-native customers to participate.
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GF Token is promoted as a constructing block to be used within the wider tokenized property area. It permits switching between completely different tokenized merchandise by a shared settlement mannequin on HashKey Chain.
A number of HashKey Group groups supplied assist for the undertaking. HashKey Tokenization provided technical steerage, NexaToken oversaw tokenization companies, and HashKey Change helped distribute the product to certified buyers.
“The launching of GF Token is a serious milestone for GF Securities (Hong Kong)’s digital product technique, and an vital extension of our chain-based product innovation,” stated Zeng Chao, CEO of GF Securities (Hong Kong). “We consider this step will additional solidify GF Securities (Hong Kong)’s first-mover benefit in rising digital finance.”
GF Securities (Hong Kong) has been growing blockchain-based merchandise since 2024. It was the primary Chinese language securities firm to problem a tokenized product underneath Hong Kong regulation in January 2024. It continued its foray into digital finance in early 2025 by issuing a fund-backed tokenized observe in partnership with Cinda Asset Administration.
The launch comes as Hong Kong continues to check using blockchain for regulated monetary devices. GF Token would possibly set up a mannequin for different corporations wishing to supply related merchandise underneath current legal guidelines, utilizing blockchain to enhance pace, transparency, and entry.
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