Taibao Asset Management Hong Kong launched a tokenized US dollar money market fund, with a first-day subscription size of 100 million US dollars

According to Invest360, China Pacific Insurance Investment Management (Hong Kong) Co., Ltd. launched the tokenized US dollar money market fund "CPIC Estable MMF". The fund is a tokenized US dollar money market Private Offering Fund under the framework of open-ended fund companies regulated by the Hong Kong Securities Supervision Commission. The product is tokenized on the public chain, and the first day of subscription scale reaches 100 million US dollars.