Chinese Company Debuts $500 Million Ethereum Tokenization Fund
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最新报道：China Asset Management Company (ChinaAMC), managing over $400 billion in assets, has launched a tokenized money market fund on Ethereum called CUMIU, with each token valued at $100 and a 0.05% management fee. The fund, developed via the Libeara platform, invests in short-term deposits and targets stable Hong Kong dollar returns, deploying $502 million to rank as the 11th-largest tokenized product. Despite limited initial distribution to two holders, reflecting cautious regulatory testing, this move highlights growing tokenization momentum amid China's tightened oversight on real-world asset initiatives.
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