{"id":10089,"date":"2025-06-27T17:58:00","date_gmt":"2025-06-27T09:58:00","guid":{"rendered":"https:\/\/group.qa1.hashkeydev.com\/?p=10089"},"modified":"2026-08-06T16:35:28","modified_gmt":"2026-08-06T08:35:28","slug":"hashkey-chain-partners-with-gf-securities-hong-kong-to-launch-first-tokenized-security-with-end-to-end-on-chain-deployment-and-issuance","status":"publish","type":"post","link":"https:\/\/group.hashkey.com\/zh\/hashkey-chain-partners-with-gf-securities-hong-kong-to-launch-first-tokenized-security-with-end-to-end-on-chain-deployment-and-issuance\/","title":{"rendered":"HashKey Chain\u651c\u624b\u5ee3\u767c\u8b49\u5238\uff08\u9999\u6e2f\uff09\u63a8\u51fa\u9996\u500b\u4ee3\u5e63\u5316\u8b49\u5238 \u5be6\u73fe\u7aef\u5230\u7aef\u90e8\u7f72\u8207\u767c\u884c"},"content":{"rendered":"
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Hong Kong, Jun. 27, 2025<\/strong> \u2013 HashKey Chain<\/strong> has officially announced that GF Securities (Hong Kong) has become the first securities firm in Hong Kong to issue tokenized securities by fully integrating with HashKey Chain as its core on-chain issuance network. GF Securities (Hong Kong) has launched the first daily-interest-accruing, daily-redeemable tokenized securities, named “GF Token”, a building block to enable switching between different tokenized securities. This product also features its first-ever multi-channel distribution and token custody model for on-chain securities, now available to both High-Net-Worth-Individual and institutional professional investors (PIs). This project is executed with active participation from multiple business units under HashKey Group. This milestone signifies a major step forward in the city’s real world asset (RWA) tokenization journey and lays the groundwork for broader on-chain collaboration of tokenized securities by Hong Kong securities industry in the future.<\/span><\/p><\/div>

“GF Token” is a class of tokenized securities issued by GF Securities (Hong Kong) backed by its credit support. GF Securities (Hong Kong) launches three products in different currencies: USD, HKD, and offshore RMB. Among these, the USD version is benchmarked to the Secured Overnight Financing Rate (SOFR), designed to serve as a fair, transparent, and low-volatility cash management instrument. “GF Token” features high liquidity, accrues interest daily, and is fully recorded on-chain via HashKey Chain, enabling transparent and traceable transaction flows. This aims to make “GF Token” a building block for tokenized financial assets, by providing a seamless on-chain net settlement mechanism that enables investors to switch between different tokenized securities.<\/span><\/p><\/div>

Compared to GF Securities (Hong Kong)’s earlier tokenized securities, “GF Token” features multi-channel distribution and token custody. Investors can subscribe through GF Securities (Hong Kong) or HashKey Exchange, and hold tokenized securities either via traditional securities accounts or directly on chain, allowing traditional investors to participate broadly across all aspects of tokenized securities in familiar settings. In addition to institutional professional investors, “GF Token”\u00a0 in this product launch is also made available to HNWI PIs, aiming to promote tokenized securities and related services to broader audience.<\/span><\/p><\/div>

With the daily interest accrual mechanism, the product meets both institutional investors\u2019 needs for short-term idle capital management, and Web3 users’ expectations for native on-chain assets. As a forward-looking, compliant financial product, “GF Token” demonstrates the potential of combining real-world assets with blockchain infrastructure, offering a replicable and scalable model for RWA scenarios.<\/span><\/p><\/div>

Notably, while HashKey Chain serves as the core issuance network, multiple business units under HashKey Group were also deeply involved in the on-chain launch of “GF Token”:<\/span><\/p><\/div>