未来资产环球投资携手花旗及OSL在港推出港元及美元份额代币化备兑认购期权ETF

Mirae Asset Global Investments has tokenized a covered-call exchange-traded fund it manages in Hong Kong, marking the first time the asset manager has issued and distributed a tokenized version of one of its own funds. The structure applies blockchain technology to an existing ETF, allowing fund shares to be held and transferred as digital tokens.
Mirae Asset Global Investments' Hong Kong unit introduced a tokenized share class for the Global X HSCEI Covered Call Active ETF on the 27th of this month, together with Citibank's local operation and digital asset platform OSL, according to the financial investment industry on the 30th. A tokenized share class represents an investor's fund holdings as tokens using blockchain technology. The investment structure of the underlying fund and investors' rights remain unchanged, with digital technology applied to how holdings are kept and transferred.
The launch is the first case in which Mirae Asset Global Investments has directly tokenized and distributed a fund it manages itself. The ETF can be held or traded in token form, and trading through virtual asset platforms will also be possible going forward. Tokenized share classes were set up in both Hong Kong dollars and U.S. dollars, and the product is designed to target monthly distributions.
The project drew on Citi's global fund services infrastructure and OSL's blockchain-based tokenization technology. In addition to its existing custody and fund administration duties, Citi supports functions required to operate the tokenized share class, including investor registration and share transfers. OSL provides access for institutional and retail investors through a virtual asset platform licensed by Hong Kong's Securities and Futures Commission.
The Global X HSCEI Covered Call Active ETF, launched in February 2024, invests in constituents of the Hang Seng China Enterprises Index while selling call options under a covered-call strategy. Option premiums collected from selling calls are added to equity returns to fund distributions. The ETF was also the first product to implement a covered-call strategy in the Hong Kong market.
"With this tokenized share class, we have extended ETF innovation that began with products into the investment infrastructure itself," an official at Mirae Asset Global Investments said. "We expect to keep making active use of new financial technologies to offer global investors an innovative investment experience."