南方东英首推货币市场基金代币化

(Hong Kong, June 3, 2026) CSOP Asset Management Limited ("CSOP"), Hong Kong's largest ETF issuer, today announced a partnership with HSBC to launch an unlisted tokenized share class for a money market fund. CSOP also signed a Memorandum of Understanding (MOU) with OSL, establishing an exclusive collaboration to list this unlisted tokenized share class. This initiative deeply integrates traditional money market funds with the blockchain ecosystem, offering investors a new choice for convenient, flexible, transparent, and compliant on-chain returns.

The newly launched product is an unlisted tokenized share class of the "CSOP港元货币市场 ETF" (Stock Code: 3053.HK). It primarily invests in HKD-denominated short-term deposits and high-quality money market instruments, aiming to achieve relatively stable HKD returns consistent with prevailing money market interest rates. Investors can directly hold shares of 3053.HK through tokens. This product not only creates an innovative tool for capital seeking risk management and stable returns on-chain, but also serves as an asset allocation solution for cryptocurrency holders to hedge against cyclical volatility in virtual assets.

HSBC acts as the tokenization agent, trustee, and transfer agent for this unlisted tokenized share class of 3053.HK, providing core support for the tokenized issuance. This marks HSBC's first provision of money market fund tokenization services in Hong Kong. The unlisted tokenized share class not only effectively broadens traditional investment channels for money market funds but also unlocks advantages based on blockchain technology, including full recording and traceability of asset ownership and all subscription and redemption activities, as well as efficient and transparent settlement.

To further expand distribution channels beyond traditional qualified banks and brokers, CSOP signed an MOU with OSL today. Within the next six months, CSOP will collaborate exclusively with OSL's licensed virtual asset trading platform to list this unlisted tokenized share class of the money market fund, supporting investors in the subscription and redemption processes.

This tripartite collaboration marks a significant step forward in Hong Kong's tokenization ecosystem development. Leveraging HSBC's robust financial infrastructure and tokenization services, combined with OSL's Web3 business ecosystem, CSOP's traditional money market fund can achieve compliant issuance and asset management on the blockchain, while also reaching a broader base of on-chain clients.

In recent years, market demand for tokenized assets has grown rapidly. Research reports indicate that the global asset tokenization market size is projected to reach $130.67 trillion (approximately HKD 1,019.23 trillion) by 2035, with a Compound Annual Growth Rate (CAGR) of 45.83% during the period from 2026 to 2035. The tokenization of financial assets, in particular, is undergoing rapid evolution.

At today's "CSOP's First Tokenized Product Press Conference & CSOP x OSL MOU Signing Ceremony," numerous leaders from the financial and digital asset industries attended and participated in roundtable forums, sharing key trends and forward-looking perspectives on asset tokenization.

Ms. Ding Chen, CEO of CSOP Asset Management Limited, said: "As Hong Kong's largest ETF issuer, CSOP consistently stays attuned to market trends and fosters innovation, dedicated to offering investors a diverse range of products. We are honored to collaborate with top partners from both the traditional financial and digital asset ecosystems, HSBC and OSL, to realize the tokenization of CSOP's first money market fund. This is a key step in our strategic expansion into the digital asset space. Leveraging HSBC's excellent tokenization services, CSOP's asset management capabilities, and OSL's operational advantages in the virtual asset field, we will further develop compliant and efficient tokenized asset channels for investors in Hong Kong and internationally, meeting diverse market investment demands. We look forward to working with our partners to foster a thriving digital asset ecosystem in Hong Kong."

Ms. Diana Cesar, CEO of HSBC Hong Kong, said: "HSBC is proud to support CSOP in continuing to bring innovative investment products to Hong Kong investors. Through our fund tokenization services, we help ETFs 'go on-chain' and achieve fractionalization. By lowering the entry barrier, we encourage more investors to take an important first step in participating. This service is now applied to ETFs in Hong Kong, and has significant future potential to be extended to other asset classes and different markets."

Mr. Kevin Cui, Executive Director and CEO of OSL Group, said: "The listing of this product further enriches the portfolio of offerings OSL provides to its clients and once again demonstrates Hong Kong's immense potential in fostering a tokenization ecosystem. Leveraging OSL's unique advantages in digital asset distribution and liquidity, we are delighted to join forces with CSOP and HSBC to open up broader investment channels in tokenized assets for investors. Our partnership with CSOP goes beyond launching just one product; we look forward to exploring new opportunities together with our partners and bringing more innovative products to the market."

As a leading ETF issuer in Asia, CSOP continuously explores the convergence of traditional and digital asset ecosystems, and has designated Web3.0 as a key business strategy for the year. The company plans to launch a richer variety of tokenized fund products to inject more innovative vitality into the market.

About CSOP Asset Management Limited

CSOP Asset Management Limited is the largest ETF/ETP issuer in Hong Kong*. As of May 29, 2026, CSOP manages over HKD 350 billion (approximately USD 44.8 billion) in assets, comprising 68 ETFs/ETPs and 5 mutual funds listed in Hong Kong and Singapore, benefiting from a mature ETF/ETP ecosystem**. In the first quarter of 2026, 6 out of the 10 most actively traded ETFs/ETPs in Hong Kong were managed by CSOP***.

*Source: Bloomberg, HKEX, CSOP, as of May 29, 2026. Based on the total AUM of all classes of ETFs listed in Hong Kong (including leveraged and inverse products), excluding multi-listed ETFs.

**Source: Hong Kong Stock Exchange, Bloomberg, CSOP, as of March 31, 2026.

***Source: Bloomberg, from January 1, 2026 to March 31, 2026.

About The Hongkong and Shanghai Banking Corporation Limited

The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group. The Group serves customers worldwide from offices in 56 countries and territories. With assets of USD 3,306 billion at 31 March 2026, HSBC is one of the world's largest banking and financial services organizations.

About OSL Group

OSL Group (HKEx: 863.HK) is a global stablecoin payment and trading platform, dedicated to providing compliant and efficient digital financial infrastructure services worldwide, enabling any enterprise, financial institution, or individual to achieve seamless conversion, payment, trading, and settlement between fiat and digital currencies. Rooted in the core values of "Openness, Security, and Compliance," OSL Group is committed to building an efficient ecosystem connecting global markets, enabling instant, seamless, and compliant movement of funds globally.

Disclaimer and Important Notice

Investment involves risks. Investors should carefully read the fund's offering documents and product key facts statement for further details, including the product features and all risk factors stated therein. The unlisted tokenized class of fund units described in this document is subject to risks associated with tokenized class units, including but not limited to: blockchain technology risk, token security risk, cybersecurity risk, delay risk, reliance on service providers, regulatory risk, potential challenges to existing legal application, smart contract and technology risk, operational infrastructure risk, recovery and business continuity risk, and risks associated with virtual asset trading platforms (as distributors). This document is prepared by CSOP Asset Management Limited and has not been reviewed by the Securities and Futures Commission.