Hong Kong Enables Round-the-Clock Trading for Two Tokenised Money-Market Funds
(2 hours ago) · 1 source · Summarized by CryptoBipto
Hong Kong has opened 24/7 trading for two tokenised money-market funds, allowing investors to buy and sell shares at any time rather than being limited to traditional market hours. The move represents a step in Hong Kong's broader effort to integrate blockchain technology into its financial markets.
WHY IT MATTERS
Think of a money-market fund like a savings account that a bank offers — it holds safe, short-term investments and pays modest returns. Normally, if you want to buy or sell shares in such a fund, you have to do it during business hours, much like visiting a bank branch. Tokenisation puts those fund shares onto a blockchain — a digital ledger that runs all the time — so trading can happen 24 hours a day, 7 days a week, similar to how cryptocurrency markets never close. This matters because it shows that governments are starting to use blockchain technology not just for cryptocurrencies but also for everyday financial products, which could eventually make investing faster and more accessible for ordinary people.
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- newsbtc.com
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