China Asset Management Company (ChinaAMC), one of China’s largest fund managers with more than $400 billion in assets under management, has launched a tokenized money market fund on Ethereum. According to data provider RWA.xyz, the new product, ChinaAMC USD Digital Money Market Fund Class I USD (CUMIU), invests in short-term deposits and high-quality money market instruments. Its objective is to deliver stable returns denominated in Hong Kong dollars. ChinaAMC’s Fund Signals Cautious Embrace of Tokeniza ...