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[Hua Xia Hong Kong Completes Tokenized Fund Subscription Pilot Transaction] Hua Xia Fund (Hong Kong) Co., Ltd., as part of the Hong Kong Monetary Authority's Ensemble project pilot program, collaborated with Bank of China Hong Kong, Futu Securities, and Standard Chartered Hong Kong to complete a tokenized fund subscription case. This pilot achieved an end-to-end transaction process, including Futu initiating a tokenized deposit interbank transfer from Bank of China Hong Kong to Standard Chartered Hong Kong, successfully subscribing to Hua Xia Fund (Hong Kong)'s tokenized money market fund. The fund shares are custodied by Standard Chartered Hong Kong, and the transaction settlement was completed in the HKMA Ensemble[TX] pilot environment. The Ensemble project has now entered the pilot phase, aiming to facilitate tokenized deposits and real-time trading of digital assets.

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