HashKey Chain and GF Securities Launch First End-to-End Tokenized Security in Hong Kong
HashKey Chain has joined forces with GF Securities (Hong Kong) to introduce the first fully on-chain tokenized security, marking a pivotal advancement in Hong Kong's real-world asset (RWA) tokenization landscape. The collaboration leverages HashKey Chain as the Core issuance network, with GF Securities becoming the first Hong Kong securities firm to fully integrate the platform.
The newly launched "GF Token" is a daily-interest-accruing, redeemable tokenized security available in USD, HKD, and offshore RMB. The USD variant is benchmarked to the Secured Overnight Financing Rate (SOFR), positioning it as a low-volatility cash management tool. Its on-chain architecture ensures transparent transaction recording and high liquidity.
Investors gain flexibility through a multi-channel distribution model, allowing subscriptions via GF Securities or HashKey Exchange. Holdings can be maintained in traditional securities accounts or directly on-chain, broadening access for institutional and high-net-worth participants. This product lays the groundwork for future tokenized financial assets by enabling seamless on-chain net settlement.