US EditionCPIC Estable MMF Launches on HashKey Chain with $100M First-Day Subscriptions
- CPIC Estable MMF, a tokenized USD Money Market Fund, launched on HashKey Chain with subscriptions totaling USD 100 million on its first day.
- The deployment strengthens HashKey Chain's role in the institutional DeFi sector and enhances its appeal for traditional finance and RWA assets.
- Dr. Xiao Feng emphasized that blockchain is key for integrating traditional finance and facilitating value flow.
- CPIC Investment Management Co., Ltd. Manages the CPIC Estable MMF, which invests in USD-denominated short-term fixed income assets.
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RWA News: China Pacific Insurance Rolls Out $100M Tokenized Money Market Fund on HashKey Chain
Asset tokenization is a red-hot sector in crypto as asset managers around the globe are increasingly leveraging blockchain rails for traditional instruments like bonds and funds.
·Manila, Philippines
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CPIC Estable MMF Launches on HashKey Chain with $100M First-Day Subscriptions
HONG KONG, March 23, 2025 /PRNewswire/ -- HashKey Chain announced that the tokenized USD Money Market Fund, "CPIC Estable MMF", initiated and managed by CPIC Investment Management (H.K.) Co, Ltd, was successfully deployed on HashKey Chain, with subscription volume reaching…
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