InvestHK: Tokenized funds will be as prevalent as ETFs in 10 years.

According to Odaily Planet Daily, Leung Hon-king, Global Head of Financial Services, Technology and Sustainability at InvestHK, recently stated that some banks have received tokenized deposits from securities firms and successfully subscribed to tokenized money market funds issued by fund companies. The emergence of tokenized funds signifies the evolution of the asset management industry from "2.0" to "3.0," and he believes that in 10 years, the popularity of tokenized funds will be comparable to that of ETFs today. (Hong Kong Commercial Daily)