BC Technology Group: Its virtual asset trading platform OSL is partnering with CSOP Asset Management to launch tokenized retail fund products in Hong Kong.

On November 1st, BlockBeats reported that BC Technology Group (00863) announced that its wholly-owned subsidiary, OSL Digital Securities Limited, and HGI have submitted a proposal to the Hong Kong Securities and Futures Commission (SFC) to explore the launch of tokenized retail fund products ("Fund Tokens") in the Hong Kong retail market in November 2023. The proposal aims to comply with SFC's regulatory guidelines on tokenized financial products in Hong Kong. After being authorized by the SFC, it is expected that these Fund Tokens will be made available to retail investors in Hong Kong.