OSL Launches Hong Kong’s First Tokenized Covered Call ETF in Partnership with Future Asset and Citibank

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OSL Group, in partnership with Future Asset and Citibank, launched Hong Kong’s first tokenized covered call ETF on August 27 (UTC+8). The Global X CSI 300 Covered Call Active ETF (3416) is now available as a tokenized unit class on OSL’s regulated digital asset market. OSL Tokenworks managed the tokenization process, enhancing settlement efficiency and transparency. Senior Vice President Terence Pu said the initiative expands investment options for clients, with ETF inflows expected to grow as more products enter the digital asset market.

ME News reports that on August 27 (UTC+8), OSL Group, in collaboration with Mirae Asset and Citigroup, officially launched a tokenized share class for the Global X Hang Seng Index Covered Call Active ETF (3416), making it the first covered call ETF in Hong Kong to introduce a tokenized share class, offering investors the option to hold fund units in tokenized form. As part of this collaboration, OSL, through its licensed digital asset trading platform in Hong Kong, jointly launched the tokenized share class, enabling both institutional and retail investors to participate via a regulated platform. OSL also leverages its institutional-grade platform, OSL Tokenworks, to support the entire asset tokenization process, enhancing settlement efficiency, increasing transparency, and optimizing operational workflows. Terence Pu, Senior Vice President of Exchange Business at OSL Group, stated that this partnership enriches OSL’s product portfolio and provides clients with greater flexibility in capital allocation and investment management. (Source: Foresight News)

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