Huaxia Digital Fund Set for Hong Kong Listing

The Huaxia HKD Digital Currency Fund, stock code 3471, will be listed on the Hong Kong Stock Exchange on November 28, 2025, marking a regional first in tokenized retail funds.

The listing showcases a shift towards integrating blockchain with traditional finance, marking an evolution in Asia-Pacific’s financial landscape and potentially influencing digital asset adoption and regulatory frameworks.

Huaxia Tokenized Fund to Debut on HKEX in 2025

The Huaxia HKD Digital Currency Fund’s impending listing on the Hong Kong Stock Exchange marks a significant milestone for tokenized money market funds in Asia. Developed by Huaxia Fund (Hong Kong), the fund leverages blockchain technology to tokenize short-term deposits and high-quality money market instruments denominated in HKD. OSL Digital Securities Ltd. serves as the exclusive distributor for this fund, facilitating subscription and redemption on their SFC-compliant platform.

Increased transparency and convenience are expected outcomes of this move. The fund’s initial size is approximately 107 million USD, targeting retail investors with a multi-currency option, including HKD, USD, and RMB. Tokens derived from fund shares will be issued via the Ethereum blockchain, providing automatic daily yield calculations and monthly distributions. This is anticipated to enhance user access and engagement.

“Retail investors can only subscribe or redeem tokenized shares in the form of tokens through qualified distributors, ensuring security, liquidity, and compliance with the SFC remain paramount.” — Huaxia Fund (Hong Kong) Official Announcement

Market response is generally positive as experts view this as a strategic leap towards mainstream tokenized assets. While no direct statements from key figures are available, industry analysts describe this event as a pivotal moment in Web3 evolution, reflecting Hong Kong’s regulatory leadership in digital finance.

Ethereum’s Role in Asia’s Financial Evolution

Did you know? Hong Kong’s move allows for the first fully tokenized retail fund approved by the SFC, reinforcing its leading role in digital asset compliance within the Asia-Pacific.

Ethereum (ETH), the native network for the tokenized fund, has a market cap of formatNumber(351620652408, 2) USD and a trading volume of 21,864,135,938 USD as of the latest data from CoinMarketCap. With a price of 2,913.29 USD, ETH experienced a 0.81% gain over the past day but declined 36.57% over the past 90 days.

The Coincu research team suggests that the Huaxia fund’s listing could bolster demand for Ethereum in Asia, potentially enhancing Layer 1/Layer 2 sector development. Regulatory nods for tokenization could drive similar ventures, establishing new financial instruments as standard in regional markets.