Fancetrade purchases funds with HK$1 million in tokenized deposits
Original headline팬서트레이드, 토큰화 예금 100만 홍콩달러로 펀드 매입
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PantherTrade executed a HK$1 million purchase of ChinaAMC Hong Kong's tokenized money market fund shares on the secondary market using tokenized deposits, marking one of the first such transactions under the Hong Kong Monetary Authority's EnsembleTX pilot. The HKMA, in a Feb. 2 announcement, classified EnsembleTX participants into 12 tokenized-deposit banks and 20 other industry-leading participants, with PantherTrade, HashKey Group and EX.IO newly joining the latter group in 2026 as seven new industry participants were added. The three firms are categorized separately from the banks issuing tokenized deposits, underscoring the expanding non-bank role in Hong Kong's tokenization infrastructure. The development signals growing institutional adoption of tokenized funds and deposits as settlement instruments in the city's regulated digital-asset ecosystem. Watch for further participant additions to EnsembleTX and additional secondary-market transactions involving tokenized funds and tokenized deposits.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
PantherTrade, HKMA, ChinaAMC, EX.IO, HashKey Group