Happy Cat 價格HAPPY

China Asset Management Hong Kong (China AMC HK) launched its Digital Money Market Fund on February 28. The fund, built on the Ethereum network, combines blockchain technology with traditional finance and is the first of its kind in the Asia Pacific region. The fund has been approved by Hong Kong’s Securities and Futures Commission (SFC). It aims to allow people to access money markets through a blockchain, and this is because Hong Kong is trying to establish itself as a blockchain hub for innovation. China Asset Management is one of China’s largest fund management companies, with over RMB 2.58 trillion in assets ( December 31, 2024). China AMC is the parent company of China AMC HK. It is also worth noting that Chinese companies with the title “China” are often approved by the government, offering an extra layer of security. “This milestone is a key step”, said Gan Tian, CEO of China AMC, “in our strategy toward Web 3, with tokenization being a critical focus. Tokenized funds offer revolutionary advantages, such as blockchain-based title issuance and transparent settlement”. Tian stressed the importance of tokenized securities, pointing out that they have the ability to transform traditional markets, providing better access to what would otherwise be restricted to a few institutional investors. According to Tian, the launch of the Digital Currency Fund showcases how blockchains can be used to improve traditional markets. Unlike traditional bank deposits, money market funds offer higher yields, short-term trading, and relatively safe investments. A tokenized version of these markets improves upon these benefits, adding faster settlement times and lower investment thresholds. Ethereum tokenized funds allow China AMC to embed interest-bearing tools on the blockchain, providing retail investors with more accessible income streams and offering traditional investors new advantages of blockchain trading. The funds use fractional ownership to lower the investment threshold. “By bridging traditional finance and decentralized finance”, said Tian Gan, “the product is part of China AMC (Hong Kong)’s commitment to innovation and align with broader industry trends toward tokenization. By harnessing blockchain technology, we not only provide an innovative and compliant investment solution but also equip investors with a future-ready platform for the next generation of financial products”. With the approval by the Securities and Futures Commission (SFC), the blockchain community has more access to investment opportunities. Access to the fund includes other benefits of blockchain, including publicly verified, scalable, and secure transactions. The fund also offers diversified investments to retail consumers, but with scalable settlement capabilities. The parent company of China AMC HK, China AMC, has greater ambitions for the blockchain community. It aims to create more funds in America and Brazil, develop a global presence, and further draw investors back to China. Mary Huen, CEO of Standard Chartered in Hong Kong, said she is happy to help China AMC HK provide an innovative product to clients because it allows retailers to make money from blockchain technology and further establish Hong Kong as a blockchain hub. Hong Kong authorities have been actively seeking new blockchain technologies to attract global investment and to make markets more liquid. Christopher Hui, Financial Services Secretary Hong Kong, said tokenization was a key component in enhancing traditional finance and bringing Hong Kong to the forefront of web3 technology.

I'm buying PI coins, all quantities!!!! 7-10 % below Live price. Don't get fooled by the overpriced scammers. HAPPY Thursday 😊 everyone. Stay safe. PI to the 🌙

Probably noticing I've touched grass the last days... With crypto still being volatile I've chosen to not engage a lot with any altcoins yet. I will keep holding my bags so no worries there. 👀 Why haven't I posted a lot about crypto? Market Volatility: Following initial enthusiasm over Trump's pro-crypto stance, cryptocurrency prices have experienced significant declines. Bitcoin has fallen 21% from its January peak, and Ethereum has dropped over 40% since December. The market remains subdued, awaiting positive signals such as Federal Reserve rate cuts or clear regulatory frameworks. And of course all the crime season from multiple governments. Any good news? SEC has chosen to move away from aggressive enforcement actions against crypto firms. Notably, lawsuits against major exchanges like Binance and Coinbase have been paused or dropped. The SEC has formed a "crypto task force" to develop clear regulatory guidelines, aiming to balance innovation with investor protection. I won't sell my bags on a loss. Just wont reinvest or gemhunt before crypto is doing better. Happy wednesday everyone!

Market loose momentum, careful. $PI just added 40M pi in Circulation in 12 Hrs. DYOR NFA happy trading 📈🍻

95 is my level. Reclaim that and it's systems a go for me again. Until then it is what it is. Happy that DXY is breaking down tho. Shows that there still some dynamics that gives some tail winds.