GF Securities Hong Kong and HashKey Chain have unveiled GF Token, the city’s first fully on-chain tokenized security. Announced on June 27, GF Token is issued, recorded, and managed entirely on blockchain, offering investors a transparent, secure way to access short-term financial products.
Available in HKD, USD, and offshore RMB, GF Token USD is pegged to the secured overnight financing rate. It delivers daily interest and promises simple redemption, positioning itself as a low-risk solution for idle capital. Subscriptions can be made via GF Securities or HashKey Exchange, and investors may choose between a traditional securities account or direct on-chain custody—catering to both conventional and crypto-native participants.
Built as a foundational element for a broader tokenized asset ecosystem, GF Token enables seamless transfers between various tokenized offerings through a shared settlement framework on HashKey Chain. The project drew on expertise across HashKey Group: HashKey Tokenization provided technical direction, NexaToken handled token issuance, and HashKey Exchange managed distribution to qualified investors.
“GF Token marks a milestone in our digital product roadmap and underscores GF Securities (Hong Kong)’s first-mover advantage in digital finance,” said Zeng Chao, CEO of GF Securities (Hong Kong). Since issuing its first tokenized product under Hong Kong law in January 2024, GF Securities (Hong Kong) has continued to pioneer blockchain applications—most recently collaborating with Cinda Asset Management on a fund-backed tokenized note earlier this year. As Hong Kong expands its regulated blockchain trials, GF Token could serve as a template for firms seeking to leverage distributed-ledger technology under existing legal frameworks.
