Key facts
- Hong Kong approved the world's first secondary trading of tokenized public funds.
- Trading is available on an SFC-licensed virtual asset trading platform.
- The initial offerings are tokenized money market funds in Hong Kong and US dollars.
- Trading is available around-the-clock.
The Hong Kong Securities and Futures Commission (SFC) on Monday, October 26, 2026, approved the world's first secondary trading of tokenized public funds. This move reinforces Hong Kong's ambition to become a leading hub for tokenized finance in the region. Investors can now trade tokenized versions of the ChinaAMC Digital Money Market Fund, in both Hong Kong and US dollar denominations, on a virtual asset trading platform licensed by the SFC. This development allows for 24/7 trading of these funds. The SFC had introduced a new regulatory framework in April 2026 to facilitate such pilots, establishing requirements for trading channels, pricing, liquidity, and disclosure. The SFC plans to monitor trading activities and may broaden the scope of tokenized products over time.