OSL Becomes Exclusive Distributor of Southern Eastern Fund's Tokenized HKD Money Market ETF (3053.HK)

HSBC2.18%
According to PANews, on June 3, OSL became the exclusive distributor of the tokenized non-listed class of Southern Eastern Fund's Hong Kong Dollar Money Market ETF (3053.HK) for the next six months. The tokenized product primarily invests in Hong Kong Dollar-denominated short-term deposits and high-quality money market instruments, allowing investors to hold fund shares directly via tokens with support for direct subscriptions and redemptions. HSBC serves as the tokenized proxy, trustee, and transfer agent for the product.
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