南方東英首推貨幣市場基金代幣化

(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. It has signed a Memorandum of Understanding (MoU) with OSL, establishing an exclusive collaboration to list this unlisted tokenized share class of the money market fund, deeply integrating traditional money market funds with the blockchain ecosystem to provide investors with a convenient, flexible, transparent, and compliant new on-chain yield option.

The newly launched product is the unlisted tokenized share class of the “CSOP HKD Money Market ETF” (Ticker: 3053.HK), which primarily invests in HKD-denominated short-term deposits and high-quality money market instruments. It aims to deliver relatively stable HKD returns aligned with prevailing money market interest rates. Investors can directly hold fund shares of 3053.HK via 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 product's tokenized issuance. This marks HSBC's first tokenization service 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 blockchain-based advantages, including full records 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 brokers, CSOP today signed an MoU with OSL. Within the next six months, CSOP will collaborate with OSL’s licensed virtual asset trading platform to exclusively list this unlisted tokenized share class of the money market fund, supporting investors in completing the subscription and redemption process.

This tripartite collaboration marks a significant step forward for Hong Kong's tokenization ecosystem development. Leveraging the robust financial infrastructure and tokenization services provided by HSBC, 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” client 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 USD 130.67 trillion (HKD 1,019.23 trillion) by 2035, with a compound annual growth rate (CAGR) of approximately 45.83% between 2026 and 2035. Within this, the tokenization of financial assets is evolving particularly rapidly.

At today's “CSOP’s First Tokenized Product Launch Press Conference & CSOP x OSL MoU Signing Ceremony,” numerous leaders from the finance and digital asset industries attended and participated in a roundtable forum, sharing key trends and forward-looking perspectives in the field of asset tokenization.

Ms. Ding Chen, CEO of CSOP Asset Management, said: “As Hong Kong's largest ETF issuer, CSOP has always been attuned to market trends and committed to innovation, offering investors a diverse range of products. We are honored to partner with top-tier players in both traditional finance and the digital asset ecosystem, HSBC and OSL, to tokenize CSOP’s first money market fund. This is 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 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 the prosperity of Hong Kong's digital asset ecosystem.”

Ms. Diana Cesar, CEO of HSBC Hong Kong, said: “HSBC is pleased to support CSOP in continuing to bring innovative investment products to Hong Kong investors. With our fund tokenization service, we help ETFs go 'on-chain' and achieve fractionalization. By lowering the barrier to entry, we encourage more investors to take an important step towards participation. This service is now being applied to ETFs in Hong Kong and has significant future potential to expand into 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 OSL offers 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 very pleased 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 continues to explore the integration of the traditional and digital asset ecosystems, designating Web 3.0 as a key business focus for the year. The company has plans to launch a more diverse range of tokenized fund products, injecting further 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 manages assets exceeding HKD 350 billion (approximately USD 44.8 billion). Benefiting from a mature ETF/ETP ecosystem, it manages 68 ETFs/ETPs and 5 mutual funds** across Hong Kong and Singapore. 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 sum of AUM across all share classes for ETFs listed in Hong Kong (including leveraged and inverse products), excluding multi-listed ETFs.

**Source: HKEX, 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 USD 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 payments and trading platform dedicated to providing compliant and efficient digital financial infrastructure services worldwide, enabling any enterprise, financial institution, or individual to achieve seamless fiat-to-digital currency exchange, payment, trading, and settlement. Rooted in the core values of “Openness, Security, and Compliance,” OSL Group aims to build an efficient ecosystem connecting global markets, enabling instant, seamless, and compliant movement of funds globally.

Disclaimer and Important Notice

Investment involves risks. Investors should 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 unlisted tokenized share class units of the fund described in this document are subject to risks associated with the tokenized share class, 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 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.