GF Securities Hong Kong and HashKey Chain have launched town’s first tokenized safety that’s issued, recorded, and managed fully on blockchain.
The brand new product, referred to as “GF Token,” was introduced on June 27, and is being described as a brand new method for traders to entry short-term monetary merchandise via safe and clear expertise.
GF Token is offered in Hong Kong {dollars}, U.S. {dollars}, and offshore RMB. The U.S. greenback model is tied to the secured in a single day financing price. The token is designed to supply day by day curiosity and straightforward redemption. It seeks to offer traders with an easy-to-use, low-risk method to deal with their idle capital.
In contrast to earlier tokenized securities, it provides an entire on-chain setup, from creation to storage to distribution. Buyers can subscribe via GF Securities or HashKey Change. In addition they have the selection of holding the tokens in a daily securities account or immediately on-chain, making it simpler for each conventional and crypto-native customers to participate.
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GF Token is promoted as a constructing block to be used within the wider tokenized property house. It permits switching between completely different tokenized merchandise via a shared settlement mannequin on HashKey Chain.
A number of HashKey Group groups supplied assist for the undertaking. HashKey Tokenization provided technical steering, NexaToken oversaw tokenization companies, and HashKey Change helped distribute the product to certified traders.
“The launching of GF Token is a serious milestone for GF Securities (Hong Kong)’s digital product technique, and an essential extension of our chain-based product innovation,” mentioned Zeng Chao, CEO of GF Securities (Hong Kong). “We imagine this step will additional solidify GF Securities (Hong Kong)’s first-mover benefit in rising digital finance.”
GF Securities (Hong Kong) has been growing blockchain-based merchandise since 2024. It was the primary Chinese language securities firm to problem a tokenized product beneath Hong Kong legislation in January 2024. It continued its foray into digital finance in early 2025 by issuing a fund-backed tokenized be aware in partnership with Cinda Asset Administration.
The launch comes as Hong Kong continues to check using blockchain for regulated monetary devices. GF Token may set up a mannequin for different firms wishing to offer comparable merchandise beneath present legal guidelines, utilizing blockchain to enhance pace, transparency, and entry.
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