The tokenised fund, subject to regulatory approval, will be the first-of-its-kind available to retail investors in Hong Kong
(Hong Kong, 30 October 2024) – OSL Digital Securities , a leading regulated virtual asset platform and a member of OSL Group (863.HK),today announced its partnership with China Asset Management (Hong Kong) ("ChinaAMC(HK)"), a leading asset management company in Hong Kong, in ChinaAMC(HK)’s initiative under Project Ensemble that aims to introduce a tokenised fund for investors in Hong Kong.
Pending regulatory approval, this tokenised fund will be the first-of-its-kind available to retail investors in Hong Kong. This innovative initiative marks a significant step toward wider adoption of tokenised financial products and enhanced accessibility of virtual assets, particularly among the general public.
Gary Tiu, Head of Regulatory Affairs at OSL, said, "Our involvement in this significant initiative, alongside ChinaAMC, underscores OSL's commitment to driving innovation and adoption of virtual assets. We believe retail participation is crucial to the development of virtual assets and we are keen to be a key driver in promoting the development of the tokenisation market in Hong Kong and beyond."
Thomas Zhu, Head of Digital Assets and Family Office Business, at China AMC (HK), added: "We are excited to lead the way in exploring tokenised fund products for retail investors. As a key participant in the Ensemble Sandbox, we are committed to leveraging our deep expertise in virtual asset management and our innovative capabilities to drive the growth of Hong Kong's tokenisation market. This initiative represents not just an opportunity for us and our partners, but a significant milestone in making digital investment solutions accessible to a wider audience."
OSL boasts a solid track record in real-world asset (RWA) tokenisation projects and the virtual asset space. By leveraging its partnership with ChinaAMC, this initiative is uniquely positioned to pioneer the issuance of tokenised funds for retail investors, setting a new standard for accessibility to innovative financial products and driving further innovation in the financial sector.
About ChinaAMC (HK)
Established in 2008, China Asset Management (Hong Kong) Limited ("ChinaAMC (HK)") is a leading Chinese asset manager in Hong Kong. The company is a wholly owned subsidiary of China Asset Management Co. Limited, which is among the first batch of Chinese asset managers to venture overseas. It stands as one of the largest and trusted asset managers in Mainland China with over USD 300 billion in assets under management as of June 30, 2024.
ChinaAMC (HK) has amassed an impressive performance history in both active and passive investments over the past 16 years. Boasting robust expertise in a variety of asset classes, such as Greater China equities, Asian and global fixed income, global ETF series, leverage and inverse products, virtual assets, as well as mandates and investment advisory services. ChinaAMC (HK) adopts a global outlook to build a versatile platform catering to institutional and retail investors in the region and worldwide. Committed to innovation and growth in the financial sector, ChinaAMC (HK) is actively expanding into the Web 3.0 space, exploring new investment opportunities in blockchain and decentralized finance technologies. All efforts align with their vision of being "Beyond China Expert".
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About OSL Hong Kong
As a subsidiary of the publicly listed OSL Group (HKEX: 863.HK), OSL Digital Securities is Hong Kong’s first and most established SFC-licensed and insured digital asset platform. Operating since 2018, the platform provides institutional-grade digital asset services to corporations, financial institutions, professional and retail investors, combining regulatory compliance with cutting-edge blockchain technology.
OSL Hong Kong delivers services across five core domains: brokerage, omnibus solutions, custody, wealth management, and exchange. The brokerage services provide 24/7 high-liquidity crypto trading with fiat on/off-ramp services. Custody solutions feature client-asset segregated wallet management backed by US$1 billion insurance coverage. The wealth management suite includes innovative products such as tokenised money market fund, with parallel exchange services ensuring compliant market access for professional and retail investors.
As a pioneer in bridging traditional finance and the digital asset economy, OSL Hong Kong adheres to the “Open, Secure, Licensed” principles, serving as a cornerstone of Asia’s regulated digital asset ecosystem. In addition, OSL leads with compliance-first expansion—now in Japan, Australia, and beyond—delivering secure, tailored solutions worldwide.
For more information, visit osl.com.
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