HashKey Chain, GF Securities Hong Kongroll out end-to-end tokenized security
GF Securities Hong Kong and HashKey Chain have launched town’s first tokenized safety that’s issued, recorded, and managed totally on blockchain.
The brand new product, referred to as “GF Token,” was introduced on June 27, and is being described as a brand new approach for traders to entry short-term monetary merchandise via safe and clear know-how.
GF Token is out there in Hong Kong {dollars}, U.S. {dollars}, and offshore RMB. The U.S. greenback model is tied to the secured in a single day financing charge. The token is designed to supply each day curiosity and straightforward redemption. It seeks to supply traders with an easy-to-use, low-risk strategy to deal with their idle capital.
Not like earlier tokenized securities, it presents an entire on-chain setup, from creation to storage to distribution. Traders can subscribe via GF Securities or HashKey Trade. Additionally they have the selection of holding the tokens in an everyday securities account or immediately on-chain, making it simpler for each conventional and crypto-native customers to participate.
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GF Token is promoted as a constructing block to be used within the wider tokenized belongings area. It permits switching between totally different tokenized merchandise via a shared settlement mannequin on HashKey Chain.
A number of HashKey Group groups supplied assist for the challenge. HashKey Tokenization supplied technical steering, NexaToken oversaw tokenization providers, and HashKey Trade helped distribute the product to certified traders.
“The launching of GF Token is a serious milestone for GF Securities (Hong Kong)’s digital product technique, and an necessary extension of our chain-based product innovation,” mentioned Zeng Chao, CEO of GF Securities (Hong Kong). “We imagine this step will additional solidify GF Securities (Hong Kong)’s first-mover benefit in rising digital finance.”
GF Securities (Hong Kong) has been growing blockchain-based merchandise since 2024. It was the primary Chinese language securities firm to concern a tokenized product below Hong Kong regulation in January 2024. It continued its foray into digital finance in early 2025 by issuing a fund-backed tokenized observe in partnership with Cinda Asset Administration.
The launch comes as Hong Kong continues to check the usage of blockchain for regulated monetary devices. GF Token would possibly set up a mannequin for different corporations wishing to supply comparable merchandise below current legal guidelines, utilizing blockchain to enhance pace, transparency, and entry.
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