CPIC Investment Management (Hong Kong) (CPICIMHK), a subsidiary of China Pacific Insurance Group (CPIC), has unveiled the CPIC Estable MMF, Hong Kong’s first-ever tokenized USD money market fund under the regulatory framework of the Securities and Futures Commission (SFC).
This fund represents a groundbreaking fusion of traditional finance (TradFi) and blockchain technology, offering professional investors fully compliant access to stable, yield-generating assets. It digitizes fund shares on the blockchain, ensuring secure ownership tracking and transparent transactions.
Institutional Backing & Strategic Partnerships CPICIMHK, which holds licenses for asset management and securities advisory, has teamed up with Standard Chartered Bank for custody, fund administration, and registrar services. Meanwhile, PAC provides the tokenization infrastructure, reinforcing compliance with institutional and regulatory standards.
The fund’s initial subscription volume reached $100 million on the HashKey Chain on its launch day, highlighting strong market confidence in tokenized finance solutions.
Blockchain’s Role in Market Transformation CPICIMHK emphasizes that this is not just another investment product—it’s a step toward a digital financial revolution. By leveraging blockchain technology, the CPIC Estable MMF aims to improve efficiency, transparency, and accessibility in money market fund investments.
The fund primarily invests in USD-denominated short-term deposits and high-quality money market instruments, ensuring low-risk, stable returns for institutional participants.
Web3 & The Future of Institutional Tokenization CG Zhou, CEO of CPICIMHK, underscores the significance of this launch, stating:
“Web3 isn’t built overnight. Tokenization is not a passing trend but one of the most certain pathways forward. The CPIC Estable MMF marks a milestone in institutional adoption of blockchain-powered financial solutions, fueling the evolution of a more robust Web3 financial ecosystem.”
CPICIMHK has previously collaborated with AMINA Group, a FINMA-regulated banking institution, to provide integrated digital asset solutions. The firm continues to pioneer regulated blockchain-based financial products, aligning with the Hong Kong SFC’s latest ASPIRe initiative— a 12-point roadmap designed to enhance the city’s virtual asset market infrastructure.
With increasing regulatory clarity and institutional adoption, CPICIMHK is set to play a leading role in the future of tokenized finance.
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