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 the launch of a non-listed tokenized share class of a money market fund in partnership with HSBC. CSOP also signed a Memorandum of Understanding (MoU) with OSL for exclusive cooperation to list this tokenized share class, deeply integrating traditional money market funds with the blockchain ecosystem. This provides investors with a convenient, flexible, transparent, and compliant new "on-chain" income option.

The newly launched product is the non-listed tokenized share class of the "CSOP HKD Money Market ETF" (Stock Code: 3053.HK). It primarily invests in HKD-denominated short-term deposits and high-quality money market instruments, aiming to achieve stable HKD returns consistent with prevailing money market interest rates. Investors can directly hold fund units of the 3053.HK ETF through tokens. This product not only creates an innovative tool for funds 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 serves as the tokenization agent, trustee, and transfer agent for the non-listed tokenized share class of the 3053.HK ETF, providing core support for the product's tokenized issuance. This marks HSBC's first provision of tokenization services for a money market fund in Hong Kong. The non-listed tokenized share class effectively broadens the traditional investment channels for money market funds and unlocks numerous benefits 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 brokerages, CSOP signed an MoU with OSL today. Within the next six months, CSOP will cooperate with OSL's licensed virtual asset trading platform for the exclusive listing of this money market fund's non-listed tokenized share class, supporting investors in the subscription and redemption process.

This tripartite cooperation marks a significant step forward in the development of Hong Kong's tokenization ecosystem. 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 reaching a broader "on-chain" customer base.

In recent years, market demand for tokenized assets has grown rapidly. A research report indicates that the global asset tokenization market size is expected to reach US$130.67 trillion (HK$1,019.23 trillion) by 2035, with a compound annual growth rate (CAGR) of approximately 45.83% between 2026 and 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," leaders from the financial and digital asset industries attended the event and participated in roundtable forums, sharing key trends and forward-looking perspectives in the field of asset tokenization.

Ms. Ding Chen, Chief Executive Officer of CSOP, said: "As Hong Kong's largest ETF issuer, CSOP has always been closely attuned to market trends and committed to innovation, dedicated to offering a diversified range of products to investors. We are honored to join forces with top-tier partners from both traditional finance and the digital asset ecosystem, HSBC and OSL, to tokenize CSOP's first money market fund. This marks a key step in our strategy to enter the digital asset space. Leveraging HSBC's exceptional tokenization services, CSOP's asset management expertise, and OSL's business strengths in the virtual asset sector, we will further develop compliant and efficient tokenized asset channels for investors in Hong Kong and internationally, meeting diverse market investment needs. We look forward to working with our partners to foster the prosperity of Hong Kong's digital asset ecosystem."

Ms. Diana Cesar, Chief Executive of Hong Kong, HSBC, said: "HSBC is proud to support CSOP in continuing to bring innovative investment products to investors in Hong Kong. Through our fund tokenization service, we help ETFs go 'on-chain' and achieve fractionalization, lowering barriers to encourage more investors to take an important step towards participation. This service is now applied to ETFs in Hong Kong, and in the future, it has immense potential to expand to other asset classes and different markets."

Mr. Kevin Cui, Executive Director and Chief Executive Officer of OSL Group, said: "The listing of this product further enriches the product portfolio OSL offers its clients and once again demonstrates Hong Kong's immense potential in cultivating 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 broader avenues for investors to invest in tokenized assets. Our cooperation with CSOP extends beyond launching a single product; we look forward to exploring new opportunities together with our partners to bring more innovative products to the market."

As a leading ETF issuer in Asia, CSOP continues to explore the integration of traditional and digital asset ecosystems, having designated Web3.0 as a key business strategy for the year. The company plans to launch a wider range of tokenized fund products to inject more innovative vitality into the market.

About CSOP Asset Management

CSOP Asset Management Limited is Hong Kong's largest issuer of ETFs/ETPs*. As of May 29, 2026, CSOP managed over HK$350 billion (approximately US$44.8 billion) in assets, thanks to a mature ETF/ETP ecosystem, managing 68 ETFs/ETPs and 5 mutual funds** across Hong Kong and Singapore. In the first quarter of 2026, 6 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 sum of assets under management across all share classes of ETFs listed in Hong Kong (including leveraged and inverse products), excluding multi-listed ETFs.

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

***Source: Bloomberg, 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 US$3,306 billion as of March 31, 2026, the Group 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 currency and digital currencies. Rooted in the core values of "Open, Secure, Compliant," OSL Group aims to build an efficient ecosystem connecting global markets, facilitating the instant, seamless, and compliant flow of global capital.

Disclaimer and Important Notice

Investment involves risks. Investors should carefully read the relevant fund's offering documents and product key facts statement for further details, including the product features and all risk factors stated therein. The non-listed tokenized share class fund units described in this document are subject to risks associated with tokenized share 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 applications, smart contract and technology risk, operational infrastructure risk, recovery and business continuity risk, and risks related to the virtual asset trading platform (as a distributor). This document is prepared by CSOP Asset Management Limited and has not been reviewed by the Securities and Futures Commission.