ChinaAMC USD Digital Money Market Fund
Overview
A Hong Kong-domiciled USD money market fund authorised by the SFC, offering unlisted share classes in tokenised form alongside exchange-listed classes. It invests in short-term deposits and high-quality money market instruments. Tokenised classes are issued on Ethereum through Standard Chartered's Libeara platform and are distributed through banks, brokers and SFC-licensed virtual asset trading platforms.
Short-term USD deposits and high-quality money market instruments
Product structure
Lowest eligible investor type: Retail investors
US persons: Excludes US persons
Investor eligibility: Hong Kong retail investors permitted via authorised distributors (banks, brokers, VATPs); token classes not offered to US persons
Classification of public offering terms, not a determination of your eligibility. Check the offering documents.- Legal wrapper
- Sub-fund of a Hong Kong open-ended fund company (OFC); SFC-authorised money market fund
- Regulatory status
- Authorised by the SFC on 2025-07-02; eligible CIS under Hong Kong's New Capital Investment Entrant Scheme
- Asset segregation
- OFC sub-fund assets held by an independent SFC-regulated custodian (Standard Chartered Trustee (Hong Kong) Limited)
- Transfer agent
- Unverified
- Proof of reserve
- Unverified
Redemption & liquidity
- Redemption terms
- Daily dealing; Class I minimum redemption USD 1,000 with no redemption fee (per rwa.xyz); settlement timing not verified
- Secondary liquidity
- Unlisted token classes transferable only to KYC/allowlisted holders; separate listed class trades on HKEX (codes 9472/3472)
- Yield mechanism
- Unverified
Fees
Management fee varies by class: Class I 0.05%, Class A 0.15%, Class B 0.40% p.a.; custodian fee up to 6.25 bps; tokenisation fee 5.5 bps p.a. (per rwa.xyz/DefiLlama)
On-chain information
Ethereum
Contract addresses: unverified
Notes & material events
AUM is total sub-fund size (all classes, listed and tokenised) from HKEX fund profile. rwa.xyz shows the Class I USD token at about USD 554M (2 holders), date not stated on page. rwa.xyz and DefiLlama label the token classes under a 'Professional Investor Exemption' framework, which conflicts with the SFC retail authorisation; retail availability confirmed by the July 2025 launch announcement. Sister HKD fund launched 2025-02-28 as Asia-Pacific's first retail tokenised MMF.
Revision history
No published revisions.