Business Daily Media

Men's Weekly

.

Pioneer under Tykhe Capital Launches Hong Kong’s First Tokenized USD Money Market Fund

A Landmark Achievement Following HKbitEX VATP License Approval

HONG KONG SAR - Media OutReach Newswire - 15 January 2025 - Pioneer Asset Management Limited ("Pioneer"), a subsidiary of Tykhe Capital Group Limited (the "Group" or "Tykhe Capital"), a leading Real-World Asset (RWA) and Security Token Offering (STO) innovator in the APAC region, announces the launch of Hong Kong's first tokenized USD money market fund (TMF Token) (the "Fund", TMF).

This flagship product marks the Group's fourth venture into RWA/STO projects, following its initiatives in real estate, private debt, and AI (Artificial Intelligence). It is also the Group'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).

Democratizing Access to Institutional-grade USD Money Market Fund
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:

  • Accessible Entry Point: 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.
  • Regulatory Compliance: Designed in strict adherence to SFC guidelines, ensuring a secure and trustworthy investment framework.
  • First of Its Kind in Hong Kong: As the city's first tokenized MMF, this product sets a new standard in regulated financial innovation.
  • Future-Forward Adaptability: 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.
  • Secondary Market: Backed by the Group'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.

A Flagship Milestone

"The launch of our tokenized MMF marks a new era for the financial landscape in Hong Kong," said LUO Xinghua, Director of the Pioneer. "As the first of its kind in the city, this product not only exemplifies our commitment to innovation but also solidifies Hong Kong's position as a global leader in Web3 and digital finance."

The Fund's debut reflects the Group'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's regulatory compliance and its focus on creating secure investment opportunities for its clients.
Hashtag: #sfc #sto #rwa #moneymarketfund #tykhe #hkbitex #tokenization #token #crypto #donaldtrump #bullish




Wechat: Tykhe Capital

The issuer is solely responsible for the content of this announcement.

About Tykhe Capital Group Limited

Tykhe Capital is committed to building the technical foundation for the future of finance, powered by cutting-edge Web 3 applications. Through a diversified portfolio of subsidiary companies, it provides a fully compliant, end-to-end infrastructure for the virtual asset ecosystem, driving a transformative new economic paradigm.

          At Tykhe Capital, innovation and compliance are at the core of our mission. We are dedicated to reshaping the financial landscape, empowering investors worldwide, and setting new industry standards with our cutting-edge solutions. In 2023, it launched Hong Kong's first real estate RWA product, mentioned by Ms. Christina Choi, Executive Director of the SFC, during the Bloomberg Buy-Side Forum Hong Kong 2023. ()

News from Asia

2025 China International Big Data Industry Expo opens in Guiyang, China

GUIYANG, CHINA - Media OutReach Newswire - 29 August 2025 - On August 28, the 2025 China International Big Data Industry Expo opened in Guiyang, Guizhou Province. Launched in 2015, it has become t...

Huatai Securities' H1 2025 Net Profit Surges Over 40%, Fueled by Tech Leadership and Global Growth

HONG KONG SAR - Media OutReach Newswire - 29 August 2025 - Huatai Securities ("Huatai" or "The Company") today announced its financial results for the first half of 2025, demonstrating significant...

Wesley Methodist School Celebrates Unity, Patriotism, and Diversity in Conjunction with National Day

Book Launch: Voices of Patriotism and Unity – The Recipe for Malaysia’s SuccessKUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 29 August 2025 - Wesley Methodist School launches a special commem...

Ingdan, Inc. (400.HK) Announces 2025 Interim Results

Highlights of the Interim Results for the Six Months Ended June 30, 2025: Benefiting from the sustained growth in AI computing power demand, the demand for chips has grown significantly a...

Lens Technology and Rokid Usher in a New Era for AR: A Synergy of Innovation and Ecosystem Integration

HONG KONG SAR - Media OutReach Newswire - 31 August 2025 - The augmented reality (AR) industry is witnessing an unprecedented surge, propelled by Rokid Glasses' record-breaking single-day sales of...

AIA Singapore engages Singapore Airlines Academy to redefine customer experience excellence and future-proof all its staff

SINGAPORE - Media OutReach Newswire - 1 September 2025 - Leading health insurance provider AIA Singapore today announced that it has engaged Singapore Airlines Academy, the training arm of Singapo...

Yanguan Sets Guinness World Record for "Most People Drumming Together to Greet the Tide," Building a Global Music Destination

JIAXING, CHINA - Media OutReach Newswire - 1 September 2025 - On the morning of August 26, at the Tide-Watching Resort Park in Yanguan Ancient City – also known as the "Tides and Music Resort" – a...

Aon Appoints Bonjay Koo as Enterprise Client Leader for South Korea

SEOUL, SOUTH KOREA - Media OutReach Newswire - 1 September 2025 - Aon plc (NYSE: AON), a leading global professional services firm, today announced Bonjay Koo has been appointed Enterprise Client...

The "Colorful Guizhou Style" once again swept the Washington Chinese Culture Festival, and the charm of Guizhou continuously attracts more followers from all over the world

WASHINGTON, US - Media OutReach Newswire - 1 September 2025 - On August 30, 2025 (US time), the 23rd Washington "Chinese Culture Festival" themed on "Meeting China · Experiencing China" was grandl...

Quality HealthCare Opens New Flagship Clinic in Prince’s Building

Supporting Wellness and Preventive Care in CentralHONG KONG SAR - Media OutReach Newswire - 1 September 2025 - Quality HealthCare Medical Services (QHMS) has opened its new flagship clinic on the ...

Workplace DMs, Reinvented: Deputy Messaging, Purpose-Built For Shift-Based Teams

Deputy, the global people platform for shift-based businesses, has launched Deputy Messaging, a fully integrated, real-time communication tool designe...

Revolutionizing Fulfillment: How Virtual Warehousing is Changing the Game?

The e-commerce landscape is evolving more rapidly than ever, and the way businesses are managing their fulfillment is also revolutionizing. At the...

SME lender Dynamoney welcomes new CEO, Brett Thomas

Strengthens growth ambitions and signals expanded offering Dynamoney, a leading commercial finance provider for Australian SMEs,  has today appoint...

The cost of ignoring AI governance in business

Artificial intelligence (AI) is no longer the promise of a distant future: it's active, embedded, and already shaping decisions across industries. H...

Quickli launches new SMSF product as free beta for limited time only

The leading technology provider for Australian mortgage brokers, Quickli, has answered the prayers of brokers yet again with the launch of a stand...

Portable Monitors for Coding and Programming Students

Today, coding and programming require more focus and efficiency. But, the most essential thing it demands is ample screen space. Students can stru...

Sell by LayBy