HashKey Chain Announces Successful Deployment of Tokenized USD Money Market Fund “CPIC Estable MMF” Initiated and Managed by China Pacific Insurance Investment Management (Hong Kong) Co., Ltd.
(Background: HashKey Chain Launches Staking Feature, Stake HSK for Up to 12% Annual Yield)
(Supplementary Background: Perspective: The Hong Kong Dollar Stablecoin is Just the Prologue; RWA is the “Key” to Unlocking the Web3 Landscape in Hong Kong)
This article is a promotional piece provided by HashKey Group and does not represent the position of the blockchain community, nor does it constitute investment advice, purchase, or sale recommendations. Please refer to the disclaimer at the end of the article.
Hong Kong, March 21, 2025 – HashKey Chain announced the successful deployment of the tokenized USD money market fund “CPIC Estable MMF,” initiated and managed by China Pacific Insurance Investment Management (Hong Kong) Co., Ltd. (hereinafter referred to as “CPIC Investment Management (Hong Kong)”). On the first day of operation, the fund’s subscription size reached USD 100 million.
This on-chain deployment enhances HashKey Chain’s activity in the traditional institutional DeFi space and further solidifies its market position as the preferred public blockchain for traditional finance and RWA assets. Through compliance-friendly, secure, trustworthy, high-performance, low-cost, and a robust on-chain DeFi ecosystem, HashKey Chain is fully committed to facilitating the digital upgrade of global finance.
Efficient and Low-Cost Compliance on-chain Finance
By deploying on HashKey Chain, CPIC Estable MMF provides institutional investors with a transparent and efficient digital asset allocation tool. The high-performance architecture of HashKey Chain significantly reduces the technical costs and subsequent operational costs of on-chain institutional products while ensuring the highest level of security. The current on-chain Gas Fee is less than USD 0.001 per transaction, enabling institutions to allocate liquidity assets with extreme efficiency.
Dr. Xiao Feng, Chairman and CEO of HashKey Group, stated: “The essence of finance is the flow of value across time and space, and blockchain is a new infrastructure for this process. The on-chain management of fund shares through tokenization in CPIC Estable MMF marks a deep integration of traditional finance and blockchain technology. As a compliance-friendly blockchain solution, HashKey Chain provides an efficient and transparent blockchain environment for this innovation, ensuring the stability and liquidity of assets on-chain. HashKey Chain will continue to optimize cross-chain interoperability and smart contract capabilities, providing compliant and efficient infrastructure support for more institutional-level financial products, accelerating the digital and intelligent upgrade of global financial markets.”
Compliance-Friendly Public Blockchain Supporting Traditional Financial Upgrades
China Pacific Insurance Investment Management (Hong Kong) is a subsidiary of China Pacific Insurance Group and is the initiator and manager of CPIC Estable MMF. thePAC serves as its tokenization issuance platform, while Standard Chartered Bank provides custody, registrar, and fund administration services. According to the product summary, the fund is only available to professional investors and will invest in USD-denominated short-term fixed-income targets and high-quality money market instruments.
CG Zhou, CEO of China Pacific Insurance Investment Management (Hong Kong) stated: “Web3 is not created out of thin air; it requires us to build it step by step. Integrating with traditional finance is an important direction for the future development of Web3 and one of the most certain directions. The issuance of the tokenized USD money market fund represents a milestone step for Taibao Asset Management in this direction. In the future, we will fully leverage our strengths as a leading traditional financial asset manager, using RWA technology to tokenize more traditional assets and relying on compliance-friendly public blockchains like HashKey Chain to provide more quality assets with real returns for the Web3 world.”
Leo Zhu, head of the tokenization ecosystem project, stated: “The current RWA ecosystem is experiencing an exponential wave of development, with each successful project weaving new nodes into this value network. Together with HashKey Chain, we are committed to building a value bridge connecting on-chain liquidity pools and off-chain assets, driven by smart contract-based liquidity mechanisms to achieve a higher efficiency migration of funds and assets. This vision requires the collaboration of HashKey Chain and various parties, and we welcome asset issuers and managers as well as global capital partners to join us in co-innovation.”
HashKey Chain will continue to collaborate deeply with leading global financial institutions and compliant Web3 projects, launching more innovative financial products combining “compliance infrastructure + on-chain finance,” focusing on the RWA areas such as MMF and stablecoins, providing efficient and transparent on-chain asset management solutions for global investors.
About HashKey Chain
HashKey Chain is the preferred public blockchain for financial institutions and RWA assets, dedicated to promoting the compliance and scalable development of Onchain Finance. As a compliance-friendly blockchain infrastructure, HashKey Chain provides a secure and transparent on-chain environment for institutions.
With a secure and trustworthy technological architecture, HashKey Chain inherits the decentralized security of Ethereum while improving transaction efficiency through high-performance optimizations, ensuring the stability and traceability of on-chain assets. Furthermore, HashKey Chain offers high-performance, low-cost solutions, providing extremely low Gas fees and high throughput, enabling efficient circulation of financial assets such as MMF, bonds, funds, and stablecoins, thereby reducing the operational costs of institutions on the blockchain.
HashKey Chain is collaborating deeply with leading global financial institutions and compliant Web3 projects, providing optimal solutions for institutional-level DeFi, RWA tokenization, and stablecoin settlement applications, accelerating the digital and intelligent upgrade of the financial system.
HashKey Chain Official Website: https://hsk.xyz/
Disclaimer: https://group.hashkey.com/disclaimer-group/blank-1
Disclaimer: This content is a promotional piece provided by the contributor, and the contributor has no relationship with the blockchain community. This article does not represent the position of the blockchain community. It is not intended to provide any investment, asset advice, or legal opinions and should not be construed as an offer to buy, sell, or hold assets. Any services, programs, or tools mentioned in this promotional piece are for reference only, and the final actual content or rules are subject to the announcements or explanations provided by the contributor. The blockchain community is not responsible for any risks or losses that may exist, and readers are reminded to conduct their own due diligence before making any decisions or actions.
