CSOP International will launch the first tokenized fund in Asia.
BlockBeats reported on November 23 that Jia Shi International has entered into a tokenization partnership with Meta Lab HK. They have tokenized a fund product under Jia Shi International and completed the filing with the local securities regulatory agency. This will be the first fixed income tokenized fund launched by a Chinese financial institution in Asia.
The fund is only available to professional investors and invests in high-rated US government bonds. The issuance will be managed by Jia Shi International Asset Management, a subsidiary of Jia Shi Fund in Hong Kong, while Meta Lab HK will provide tokenization solutions.