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 of a money market fund, and signed a memorandum of understanding with OSL for 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 convenient, flexible, transparent, and compliant new option for "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 current money market rates. Investors can directly hold fund shares of 3053.HK via 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 the cyclical volatility of virtual assets.

HSBC, acting as the tokenization agent, trustee, and transfer agent for the 3053.HK unlisted tokenized share class, provided core support for the product's tokenized issuance. This marks the first time HSBC has offered tokenization services for a money market fund in Hong Kong. The unlisted tokenized share class not only effectively broadens the traditional investment channels for money market funds but also unlocks several advantages based on blockchain technology, including full record-keeping 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 eligible banks and brokerages, CSOP today signed a memorandum of understanding with OSL. Over 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 process.

This tripartite collaboration 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 simultaneously reaching a broader "on-chain" customer base.

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 US$130.67 trillion (HK$1,019.23 trillion) by 2035, with a compound annual growth rate (CAGR) of 45.83% between 2026 and 2035. The tokenization of financial assets, in particular, is evolving at a rapid pace.

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 the event and participated in roundtable forums, sharing key trends and forward-looking perspectives on asset tokenization.

Ms. Ding Chen, Chief Executive Officer of CSOP, stated: "As Hong Kong's largest ETF issuer, CSOP has always kept its finger on the pulse of the market and strived for innovation, committed to offering a diversified range of products to investors. We are honored to collaborate with premier partners in both traditional finance and digital asset ecosystems, HSBC and OSL, to achieve the tokenization of CSOP's first money market fund. This is a key step in our strategy to enter the digital asset space. Leveraging HSBC's excellent tokenization services, CSOP's asset management expertise, and OSL's business advantages in the virtual asset sector, we will further open up compliant and efficient tokenized asset channels for investors in Hong Kong and internationally, meeting the diverse investment needs of the market. We look forward to working with our partners to promote the prosperity of Hong Kong's digital asset ecosystem."

Ms. Luanne Lim, Chief Executive of Hong Kong at HSBC, stated: "HSBC is delighted to support CSOP in continuing to bring innovative investment products to Hong Kong investors. Through our fund tokenization service, HSBC helps ETFs go 'on-chain', enabling fractionalization and lowering the barrier to entry, encouraging more investors to take an important step towards participation. This service is now applied to ETFs in Hong Kong and holds immense future potential for expansion into 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 portfolio OSL offers its clients and once again proves Hong Kong's significant potential in cultivating a tokenization ecosystem. Leveraging OSL's unique advantages in digital asset distribution and liquidity, we are very pleased to join forces with CSOP and HSBC to open up broader investment channels in tokenized assets for investors. Our collaboration with CSOP goes beyond launching just one product; we look forward to exploring new opportunities together with our partners, bringing 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 Web 3.0 as a key business strategy for the year. The company has plans to launch a wider range of tokenized fund products, injecting more innovative vitality into the market.

About CSOP Asset Management

CSOP Asset Management Limited is the largest ETF/ETP issuer in Hong Kong*. As of May 29, 2026, CSOP's assets under management exceeded HK$350 billion (approximately US$44.8 billion), managing 68 ETFs/ETPs and 5 mutual funds across Hong Kong and Singapore, benefiting from a mature ETF/ETP ecosystem**. 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 total 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 Exchanges and Clearing Limited, 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, 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 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 all product features and risk factors stated therein. The unlisted tokenized share class units of the fund described in this document are subject to risks associated with tokenized share classes, 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 virtual asset trading platforms (acting as distributors). This document is prepared by CSOP Asset Management Limited and has not been reviewed by the Securities and Futures Commission.