{"id":46673,"date":"2025-01-15T09:35:00","date_gmt":"2025-01-15T09:35:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2025\/01\/15\/pioneer-under-tykhe-capital-launches-hong-kongs-first-tokenized-usd-money-market-fund\/"},"modified":"2025-01-15T09:35:00","modified_gmt":"2025-01-15T09:35:00","slug":"pioneer-under-tykhe-capital-launches-hong-kongs-first-tokenized-usd-money-market-fund","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2025\/01\/15\/pioneer-under-tykhe-capital-launches-hong-kongs-first-tokenized-usd-money-market-fund\/","title":{"rendered":"Pioneer under Tykhe Capital Launches Hong Kong\u2019s First Tokenized USD Money Market Fund"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<p>        HONG KONG SAR &#8211;<br \/>\n<a href=\"https:\/\/www.media-outreach.com\/\" rel=\"sponsored\">Media OutReach Newswire<\/a> &#8211; 15 January 2025 &#8211; Pioneer Asset Management Limited (&#8220;<b>Pioneer<\/b>&#8220;), a subsidiary of Tykhe Capital Group Limited (the &#8220;<b>Group<\/b>&#8221; or &#8220;<b>Tykhe Capital<\/b>&#8220;), a leading Real-World Asset (<b>RWA<\/b>) and Security Token Offering (<b>STO<\/b>) innovator in the APAC region, announces the launch of Hong Kong&#8217;s first tokenized USD money market fund (TMF Token) (the &#8220;<b>Fund<\/b>&#8220;,<br \/>\n<b>TMF<\/b>). This flagship product marks the Group&#8217;s fourth venture into RWA\/STO projects, following its initiatives in real estate, private debt, and AI (Artificial Intelligence). It is also the Group&#8217;s first flagship product launched after the Securities and Futures Commission (SFC) of Hong Kong granted HKbitEX a license for operating a Virtual Asset Trading Platform (VATP).<\/p>\n<p><b>Democratizing Access to Institutional-grade USD Money Market Fund<\/b><br \/>\n<br \/>The Fund is structured as an open-ended tokenized fund, investing in institutional-grade USD-denominated instruments with relatively high and stable yields. The process of tokenization revolutionizes access to finance by making a premium product once reserved for institutional clients now accessible to a wider range of investors. Key features include:<br \/>\n<\/p>\n<ul>\n<li>\n    <b>Accessible Entry Point<\/b>: The minimum initial investment for the Fund is US$5,000, making a high-yield product once exclusive to institutions, now accessible to a wider range of professional investors.\n  <\/li>\n<li>\n    <b>Regulatory Compliance<\/b>: Designed in strict adherence to SFC guidelines, ensuring a secure and trustworthy investment framework.\n  <\/li>\n<li>\n    <b>First of Its Kind in Hong Kong<\/b>: As the city&#8217;s first tokenized MMF, this product sets a new standard in regulated financial innovation.\n  <\/li>\n<li>\n    <b>Future-Forward Adaptability<\/b>: Pending SFC approval, the fund plans to accept stablecoins like USDT and USDC for subscriptions and redemptions, further enhancing accessibility and operational efficiency for investors.\n  <\/li>\n<li>\n    <b>Secondary Market<\/b>: Backed by the Group&#8217;s exchange, which just secured Type 1, 7, and AMLO licenses, the tokenized MMF can be traded on the platform, providing higher liquidity and flexibility for investors upon SFC approval.\n  <\/li>\n<\/ul>\n<p><b><br \/>\n  <br \/>A Flagship Milestone<\/b><br \/>\n<br \/>\n&#8220;The launch of our tokenized MMF marks a new era for the financial landscape in Hong Kong,&#8221; said LUO Xinghua, Director of the Pioneer. &#8220;As the first of its kind in the city, this product not only exemplifies our commitment to innovation but also solidifies Hong Kong&#8217;s position as a global leader in Web3 and digital finance.&#8221;<\/p>\n<p>The Fund&#8217;s debut reflects the Group&#8217;s ongoing commitment to fostering innovation and delivering superior financial solutions. As the first product launched after the Group obtained its VATP license, the MMF underscores the robustness of the Group&#8217;s regulatory compliance and its focus on creating secure investment opportunities for its clients.\n<\/p>\n<p><a href=\"https:\/\/www.tykhecapital.com\/about\" class=\"social-media-link\"><img loading=\"lazy\" style=\"margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px\" src=\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/generic_link.png\" width=\"24\" height=\"24\" data-no-lazy=\"1\"\/>https:\/\/www.tykhecapital.com\/about<\/a><br \/><a href=\"https:\/\/www.linkedin.com\/company\/tykhegroup\/\" class=\"social-media-link\"><img loading=\"lazy\" style=\"margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px\" src=\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/iconmonstr-linkedin-1-24.png\" width=\"24\" height=\"24\" data-no-lazy=\"1\"\/>https:\/\/www.linkedin.com\/company\/tykhegroup\/<\/a><br \/><a href=\"http:\/\/www.wechat.com\/\" class=\"social-media-link\"><img loading=\"lazy\" style=\"margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px\" src=\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/iconmonstr-wechat-1-24.png\" width=\"24\" height=\"24\" data-no-lazy=\"1\"\/><\/a>Wechat: Tykhe Capital            <\/p>\n<p><b>Hashtag: <\/b>#sfc #sto #rwa #moneymarketfund #tykhe #hkbitex #tokenization #token #crypto #donaldtrump #bullish<\/p>\n<p>\n            <em>The issuer is solely responsible for the content of this announcement.<\/em>\n        <\/p>\n<p>        <img loading=\"lazy\" src=\"http:\/\/track.media-outreach.com\/index.php\/WebView\/355931\/4121\" alt=\"\" width=\"1\" height=\"1\" style=\"width:1px;height:1px;\"\/>\n    <\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/hong-kong-sar\/2025\/01\/15\/355931\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG SAR &#8211; Media OutReach Newswire &#8211; 15 January 2025 &#8211; Pioneer Asset Management Limited (&#8220;Pioneer&#8220;), a subsidiary of Tykhe Capital Group Limited (the &#8220;Group&#8221; or &#8220;Tykhe Capital&#8220;), a leading Real-World Asset (RWA) and Security Token Offering (STO) innovator in the APAC region, announces the launch of Hong Kong&#8217;s first tokenized USD money market &hellip;<\/p>\n","protected":false},"author":1,"featured_media":46674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/46673"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=46673"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/46673\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/46674"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=46673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=46673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=46673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}