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HashKey has launched the USD-denominated Real World Asset (RWA) product OUSG, supporting USDC purchase.

Jul 27, 11:11

July 27 - HashKey Exchange, Hong Kong's largest licensed virtual asset trading platform, announced that the HashKey Wealth Management Channel has launched its first real-world asset (RWA) product supporting stablecoin purchase, the Ondo Short-Term US Treasuries Fund (OUSG). The product, issued by Ondo Finance, is only open to professional investors, supports USDC purchases, and features a daily purchase and redemption mechanism*.

OUSG is a tokenized fund product introduced by Ondo Finance, providing eligible investors with exposure to U.S. short-term treasuries and money market funds. Upon the product's launch, professional investors holding USDC can purchase OUSG without first converting to fiat currency or other assets, thus improving fund allocation efficiency without changing on-chain fund usage habits.

Currently, the HashKey Wealth Management Channel has introduced a variety of RWA products covering tokenized money market funds, tokenized bills, and tokenized physical gold ETFs (some products are limited to professional investors only). The launch of OUSG further enriches HashKey Exchange's matrix of U.S. dollar asset products and extends its product service capabilities to stablecoin fund management scenarios, providing professional investors, corporations, and institutional clients with a more comprehensive on-chain asset allocation choice.

Purchase and redemption applications can be submitted daily. Relevant orders will be processed based on the issuer's trading and settlement arrangements. In the event of U.S. public holidays or other non-trading days of the issuer, orders may be postponed until the next tradable day.

Note: This product adopts a fund subscription and redemption model, and purchases and redemptions are not immediately completed. The settlement time depends on the issuer's fund subscription and redemption and settlement arrangements. Product trading arrangements, minimum transaction amounts, settlement periods, and other product parameters may be adjusted based on the issuer's arrangements, regulatory requirements, or platform operations. Please refer to the latest information on the order page and platform announcements for specific details.