Futu Holdings is set to expand its financial product suite by introducing crypto interest-bearing investment services. This strategic move aims to cater to the growing demand for digital asset yield generation, offering investors diversified opportunities within the crypto ecosystem. The company will also debut tokenized money market funds denominated in RMB, HKD, and USD, enhancing liquidity and accessibility for global investors. By leveraging blockchain technology, these funds are designed to provide transparent, secure, and efficient investment vehicles aligned with regulatory standards. Futu’s initiative reflects a broader industry trend towards integrating traditional finance mechanisms with digital assets, positioning the firm at the forefront of innovation in the evolving crypto market landscape.
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Source: https://en.coinotag.com/breakingnews/futu-to-launch-crypto-interest-bearing-rmb-hkd-and-usd-tokenized-money-market-funds/