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GF Securities (Hong Kong) will launch a monet-like fund token GF Token

According to online reports, according to community circulation materials, GF Securities (Hong Kong) plans to launch a monet-like fund token product called GF Token. The product is denominated in US dollars, the subscription starting point is US$100,000, and the daily yield is pegged to the interbank market benchmark interest rate (SOFR)(the annualized interest rate of 4.3% is based on the SOFR on June 12, 2025, assuming that there will be no interest rate changes during the holding period), supporting daily redemption and achieving T+0 delivery. GF Tokens are issued and registered on the HashKey Chain blockchain, or only to qualified institutional investors.

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