A milestone for Asia’s on-chain finance
China Asset Management Company (ChinaAMC), one of China’s largest fund managers, has launched a $500 million tokenized money market fund on Ethereum, marking a significant step in the region’s adoption of blockchain-based finance.
Bringing traditional funds to Ethereum
The product tokenizes shares of an existing money market fund, giving investors blockchain-based access while preserving regulatory safeguards. Using Ethereum’s ERC-20 token standard, the fund gains faster settlement, programmability, and interoperability with decentralized finance tools.
Institutional weight behind tokenization
With more than $260 billion in assets under management, ChinaAMC is among the most influential players in Asia’s investment market. Its decision to build on Ethereum signals growing institutional trust in public blockchains as infrastructure for real-world assets (RWAs).
A global trend gaining momentum
Tokenization is quickly becoming one of the hottest areas in finance. Boston Consulting Group projects the market could reach $16 trillion by 2030. Asset managers like BlackRock, Franklin Templeton, and JPMorgan have already launched tokenized products — and ChinaAMC’s move positions Asia firmly in the race.
China’s cautious embrace of blockchain
Despite strict restrictions on crypto trading, China continues to explore blockchain’s role in financial innovation. With $500 million already brought on-chain through this launch, tokenization is shaping up to be a new battleground for global asset managers.
