Wu Shuo learned that FUTU Group and Huaxia Fund (Hong Kong) have announced the establishment of a cooperation relationship in the Web3.0 field. Futu will serve as the exclusive securities firm and launch a tokenized currency fund product issued by Huaxia Fund (Hong Kong) on its platform, covering three currencies: Hong Kong dollars, Chinese yuan, and US dollars. At present, Hong Kong dollar products have been launched on the Futu platform, and US dollar products are expected to be launched this week. Both parties plan to explore a dual track redemption mechanism of "on chain" and "off chain" in the future, and support 24/7 on chain transactions and payment services. In addition, Zeng Yuchao, Managing Director of Futu Group, stated that after the issuance of stablecoins, Futu will support the use of stablecoins on the platform. For example, users can use stablecoins as platform balances or holding assets to directly buy stocks, and Futu will handle the fiat currency clearing and settlement process for users. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=45995