The companies, products and regulatory developments shaping the broker industry.
The Hong Kong pilot addresses the settlement gap behind corporate treasury tokenisation, but is a financing solution rather than proof of immediate fund redemption.
The SFC authorised secondary trading of ChinaAMC’s HKD and USD Digital Money Market Funds on a licensed virtual-asset venue under its April pilot framework.
Clearstream outlines a regulated route for fund managers to issue tokenised share classes within existing structures under Luxembourg Blockchain Law IV, with control and reconciliation roles distinct from trading access.
BitGo Bank & Trust and WisdomTree plan to make the WTGXX fund accessible through BitGo Mint; the announced integration is prospective and is not a deposit-guaranteed savings account.
Two existing ChinaAMC money-market funds gain a secondary-trading channel under the SFC’s tokenisation framework.