Asia's first tokenized money market fund launches on Solana, a new multi-currency on-chain stable income option

【Crypto World】I came across a pretty interesting update these days. The product team at Huaxia Fund Hong Kong announced at the Solana Breakpoint conference a pioneering product — Asia’s first and largest tokenized money market fund.

In simple terms, it’s bringing traditional money market instruments onto the blockchain. It supports Hong Kong dollar, US dollar, and RMB denominations, covering a significant scope. So, what’s the most attractive part? Complete transparency combined with real-time settlement, allowing investors to access directly on the chain, earning stable returns without the hassle of traditional financial intermediaries.

From a technical perspective, this project has been natively deployed on the Solana blockchain, showcasing advantages like high speed and low costs. It’s also supported by professional partners like OSL. After months of regulatory collaboration and testing, this proves it’s not just hype but a genuinely implemented product.

More importantly, this model won’t stay confined to Hong Kong. According to official statements, it will gradually expand to broader regions across Asia, signaling that the exploration of tokenized financial instruments is accelerating, and traditional financial giants are beginning to embrace blockchain.