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Hong Kong financial services platform Arta TechFin is developing regulated, interoperable fund tokens on the blockchain

Hong Kong financial services platform Arta TechFin is developing regulated, interoperable fund tokens on the blockchain

CointimeCointime2023/11/03 22:33
By:Cointime

Arta TechFin (Hong Kong Stock Exchange code: 0279), a financial services institution based in Hong Kong, is developing regulated and interoperable fund tokens on major blockchains. The company will partner with Chainlink Labs to use Chainlink services and provide fiat-based investment returns to Arta TechFin clients. All products and services will require approval from relevant regulatory authorities. According to the announcement, the regulated and interoperable fund tokens developed by Arta and supported by two Chainlink services will combine the best DeFi experiences, including atomic settlement, reserve proof, cross-chain interoperability, and automated market making.

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