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Guangfa Securities (Hong Kong) to Launch Money Market Fund-like Token GF Token

Guangfa Securities (Hong Kong) to Launch Money Market Fund-like Token GF Token

2025-06-17 00:07

ChainThink reports: According to community-provided materials, Guangfa Securities (Hong Kong) plans to launch a tokenized fund product named GF Token, which is similar to a money market fund. The product is denominated in US dollars, with a minimum subscription amount of 100,000 USD. The daily yield is linked to the interbank market benchmark interest rate (SOFR) (an annualized interest rate of 4.3% based on SOFR on June 12, 2025, assuming no interest rate changes during the holding period). It supports daily subscriptions and redemptions with T+0 arrival. GF Token is issued and recorded on the blockchain via HashKey Chain, and it may be available only to qualified institutional investors.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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