HONG KONG, March 23, 2025 /PRNewswire/ — HashKey Chain announced that the tokenized USD Money Market Fund, “CPIC Estable MMF”, initiated and managed by CPIC Investment Management (H.K.) Co, Ltd, was successfully deployed on HashKey Chain, with subscription volume reaching USD 100 million on its launch day. This deployment enhances HashKey Chain’s position in the institutional DeFi sector and solidifies its status as the preferred blockchain for traditional finance and RWA assets. Through its compliance-driven, secure, high-performance infrastructure and comprehensive DeFi ecosystem, HashKey Chain is empowering asset liquidity and supporting global financial digitalization.
Efficient, Low-Cost, Compliant On-Chain Finance
Through deployment on HashKey Chain, CPIC Estable MMF supports flexible capital operations, providing institutional investors with transparent digitalized asset allocation tools. HashKey Chain improves fund management efficiency while its architecture ensures security and reduces costs. Currently, each on-chain Gas Fee is below USD 0.001, enabling efficient liquid asset configuration.
Dr. Xiao Feng, Chairman and CEO of HashKey Group, stated: “The essence of finance is the flow of value across time and space, and blockchain is the new infrastructure for this process. CPIC Estable MMF’s tokenization enables on-chain management of fund shares, creating a deep integration of traditional finance and blockchain technology. As a compliance-driven blockchain solution, HashKey Chain provides an efficient and transparent blockchain environment for this innovation, ensuring the stability and liquidity of assets on-chain. HashKey Chain will continue to optimize cross-chain interoperability and smart contract capabilities, providing compliance-first and efficient infrastructure support for more institutional-grade financial products, accelerating the digital and intelligent upgrade of global financial markets.”
Compliance-Driven Blockchain Supports Traditional Finance Upgrade
CPIC Investment Management (H.K.) Co. Ltd is a subsidiary of China Pacific Insurance (Group) Co., Ltd. and serves as the initiator and manager of CPIC Estable MMF. thePAC is its tokenization issuance platform, with Standard Chartered Bank providing custody, registration, and fund administration services. The fund is only available to professional investors and invests in USD-denominated short-term fixed income assets and high-quality money market instruments.
CG ZHOU, CEO of CPIC Investment Management (Hong Kong) Company, commented: “Web3 isn’t created out of thin air; it needs to be built step by step. Integration with traditional finance is an important direction for future Web3 development and one of the directions with the greatest certainty. The issuance of the tokenized USD money market fund represents a milestone step for CPIC IM Hong Kong in this direction. Moving forward, we will fully leverage our advantages as excellent traditional financial asset managers, using RWA technology to tokenize more traditional assets, and relying on compliance-driven public blockchains like HashKey Chain to provide the Web3 world with more quality assets that offer real yields.”
Leo Zhu, Head of Tokenization Ecosystem, stated: “The current RWA ecosystem is experiencing exponential growth, with each successfully implemented project weaving new nodes into this value network. Together with HashKey Chain, we are committed to building value interchanges connecting on-chain liquidity pools with off-chain assets, achieving the migration of funds and assets toward greater efficiency through smart contract-driven liquidity mechanisms. This vision requires collaborative innovation from HashKey Chain and multiple parties. We welcome asset issuers, managers, and global capital partners to join hands with us in collaborative innovation.”
HashKey Chain will continue collaborating with leading global financial institutions and compliant Web3 projects to launch more innovative financial products under the “Compliance-First Infrastructure + On-Chain Finance” framework, focusing on MMF, stablecoins, and RWA to provide efficient on-chain asset management solutions for global investors.
About HashKey Chain
HashKey Chain is the preferred blockchain for financial institutions and RWA tokenization, dedicated to promoting compliant and scalable Onchain Finance. As a compliance-friendly blockchain infrastructure, HashKey Chain provides a secure and transparent on-chain environment for institutions.
HashKey Chain inherits Ethereum’s decentralized security while enhancing transaction efficiency through high-performance optimization, ensuring on-chain asset stability and traceability. Its low-cost solution offers minimal Gas fees and high throughput, enabling efficient circulation of MMFs, bonds, funds, and stablecoins while reducing institutional operational costs.
HashKey Chain collaborates with leading financial institutions and compliant Web3 projects to provide solutions for institutional DeFi, RWA tokenization, and stablecoin settlement, accelerating the financial system’s digital transformation.
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SOURCE HashKey Group