GF Securities Hong Kong has launched GF Token, a suite of tokenised securities offering daily interest accrual and daily redemption across three currencies — USD, HKD, and offshore RMB — in what HashKey Chain describes as the first tokenised security with end-to-end on-chain deployment and issuance in Hong Kong.
The USD product references SOFR, the secured overnight financing rate that replaced LIBOR as the benchmark for short-term dollar lending — giving institutional and high-net-worth investors access to a regulated, yield-bearing instrument that prices off the standard institutional benchmark. The HKD and offshore RMB products extend the multi-currency offering to cover the primary currencies used by institutional investors operating across Hong Kong's cross-border financial market.
Distribution runs through both GF Securities' own channels and HashKey Exchange, with custody available through conventional securities accounts or on-chain custody — a hybrid approach that allows investors to access the product through whichever infrastructure they already operate within rather than requiring migration to a new custody model.
The product is available to high-net-worth and institutional professional investors, with the SFC-licensed status of GF Securities providing regulatory grounding across its Type 1, 4, 6, and 9 licences. HashKey Chain provides the blockchain infrastructure, HashKey Tokenisation handles the technical issuance layer, and NexaToken serves as the tokenisation platform.
The multi-currency structure and daily liquidity features position GF Token as a practical cash management instrument rather than a speculative digital asset — the product architecture is designed around the operational needs of institutional treasury management rather than crypto-native investment strategies.