OSL, the licensed digital asset trading platform of OSL Group, and asset management company China Asset Management Hong Kong Limited (“China Asset Management (HK)”) have joined hands to launch a new project within Ensemble Project to introduce tokenized money market fund products to Hong Kong investors. Upon regulatory approval, the tokenized fund will become the first tokenized fund product for retail investors in Hong Kong.
OSL Executive Director and Head of Regulatory Affairs Diao Jiajun said, "Our cooperation with China Asset Management on this important project demonstrates OSL's firm commitment to promoting innovation and application of virtual assets. We believe that the participation of retail customers is crucial to the development of the virtual asset market and expect OSL to become an important driver to promote the development of the tokenized market in Hong Kong and other regions."