Techub News reports that China Merchants International Asset Management Co., Ltd. has reached a cooperation with Singapore's licensed exchange DigiFT to complete the tokenization of the China Merchants International US Dollar Money Market Fund's real-world assets (RWA) and on-chain distribution, achieving the world's first Hong Kong-Singapore mutual recognition fund on-chain. This token product has been recognized in Hong Kong and Singapore and will provide on-chain sales services to qualified professional investors on the DigiFT platform. The token product spans multiple jurisdictions, realizing multi-chain deployment distribution for the first time, and supports multi-modal coin redemption and provides multi-dimensional liquidity. DigiFT and RWA service provider OnChain provide distribution and technical support for this product.

RWA6.12%
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