South Asset Management’s Hong Kong arm says the new RWA product is only an initial step as the city’s largest ETF issuer expands into tokenized funds.
CSOP Asset Management, described in the source as Hong Kong’s largest ETF issuer, launched its first tokenized money market fund product in early June, marking its entry into RWA (real-world assets tokenized on blockchain). The PANews interview framing suggests the firm sees tokenized funds as a starting point rather than the end goal, indicating a broader push into blockchain-based fund issuance in Hong Kong’s regulated asset-management market.