GF Securities (Hong Kong) has teamed up with HashKey to roll out tokenised securities in U.S. dollars, Hong Kong dollars, and offshore yuan.
The move comes as Hong Kong pushes to become a leading crypto hub. High-net-worth individuals and institutional professional investors can now access these digital assets.
Introducing “GF Token”
Called “GF Token,” these securities earn interest every day and can be redeemed daily. The tokens are backed by GF Securities (Hong Kong) and supported by its credit. They exist on the HashKey Chain, where all transactions are recorded for clear tracking.
The U.S. dollar version of the GF Token follows the Secured Overnight Financing Rate (SOFR). This rate helps keep the token’s value steady. All three currency versions promise high liquidity. Investors can move in and out of positions with ease.
On-Chain Benefits
By using a daily funding model, GF Token links closely to real-world asset values. Interest accrues every 24 hours and is added to investor accounts once a day. This approach gives a spot-like feel, while letting users tap into on-chain tools for settlement and record keeping.
Investors can buy the GF Token through GF Securities (Hong Kong) or on HashKey Exchange. They may hold tokens in a regular securities account or directly in a blockchain wallet. This dual path serves both traditional and Web3-native users.
Building on Past Success
In January 2024, GF Securities (Hong Kong) was the first Chinese securities firm to issue tokenised assets under local law. It has since added equity-linked tokens and notes backed by funds. The latest launch with HashKey adds a new layer of innovation and choice.
HashKey Group’s multiple units played key roles. NexaToken handled asset tokenisation, while HashKey Tokenisation offered technical advice.
HashKey Exchange managed distribution to professional investors. Together, they created an end-to-end model for issuance, custody, and sale.
Growing Hong Kong’s RWA Market
The GF Token deal marks a major boost for real-world asset tokenisation in Hong Kong.
It lays the groundwork for wider on-chain work in the city’s securities industry. Future projects are likely to build on this template of close cooperation.
Voices from the Leaders
Zeng Chao, CEO of GF Securities (Hong Kong), said the partnership is a milestone for the firm’s digital strategy.
He praised HashKey’s infrastructure and exchange strengths for bringing products onto a public blockchain. Xiao Feng, Chairman of HashKey Group, noted that the launch shows true synergy between finance and blockchain tech.
Technical Foundations
Kay, Head of HashKey Chain, called GF Token a key example of moving real-world assets on-chain. He said that HashKey Chain offers a stable base for compliant assets. With more financial players joining, he expects on-chain finance to form a complete ecosystem.
This launch may prompt other firms to explore tokenised securities. It shows how digital tokens can serve both cash management needs and general investment goals. By offering daily interest and easy redemption, GF Token could set a new standard.
A New Chapter for Investors
High-net-worth individuals and professional institutions now have a fresh option. They can manage short-term capital on-chain, with clear rules and a trusted custodian. The combination of fiat benchmarks and digital rails may change how cash tools work in crypto finance.
As more products roll out, Hong Kong’s crypto ecosystem will gain depth. GF Securities and HashKey plan to expand access and add more features. Their work may inspire similar launches in other markets, further blending traditional finance with blockchain efficiency.
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