Taiji Capital Group's Vanguard Asset Management announced the launch of Hong Kong's first tokenized US dollar money fund (TMF Token), which is reported to be the fourth RWA/STO tokenization project in the industry after real estate, private debt, and AI (artificial intelligence). It is also a product launched after the Hong Kong Securities and Futures Commission's (SFC) wholesale virtual asset trading platform (VATP) license was granted to HKbitEX.