BlockBeats News, March 25th, CPIC Investment Management, a Hong Kong subsidiary of China Pacific Insurance (CPIC), announced the launch of a US Dollar Money Market Fund (MMF) based on the HashKey Chain. On the first day, it received subscriptions totaling $100 million and is open to professional and institutional investors. The fund invests in USD-denominated short-term fixed income assets and money market instruments, with token issuance services provided by PAC and fund registration and management handled by Standard Chartered Bank.
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