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HONG KONG, Aug. 27, 2026 /PRNewswire/ — Mirae Asset Global Investments (Hong Kong) Limited, together with Citi Investor Services (Citi) and OSL Group (HKEX:863) ("OSL"), today announced the launch of a tokenized unit class for the Global X HSCEI Covered Call Active ETF (3416) (the "Fund"), effective August 27, 2026, and open for subscription immediately.
This marks the first covered call ETF in Hong Kong to introduce a tokenized unit class, and represents a pioneering collaboration between Global X ETFs, Citi and OSL.
The tokenized unit class will be recorded and represented on a blockchain network through digital tokens (the "Tokens"), with each Token corresponding to one tokenized unit of the Fund. The new structure provides investors with the option to hold Fund units in tokenized form while enhancing operational efficiency and transparency.
As part of this collaboration, Citi continues to support Global X ETFs with trustee, custody, fund administration and ETF services with the addition of transfer agency on the tokenized unit class of the covered call ETF.
OSL supports the launch of the Fund’s tokenized unit class via its Securities and Futures Commission (SFC)-licensed virtual asset trading platform in Hong Kong, enabling both institutional and retail investors to participate through a regulated platform. (For details regarding the sales arrangements of the relevant product, investors should contact their distributor.) To power this, OSL leverages its institutional-grade platform, OSL Tokenworks, to manage the entire asset tokenization process, delivering faster settlement, improved transparency, and enhanced operational efficiency.
From Product Innovation to Infrastructure Innovation
The Global X HSCEI Covered Call Active ETF (3416) was listed on February 2024 and was the world’s first covered call ETF referencing the Hang Seng China Enterprises Index. This was among the first batch of covered call ETFs launched in Hong Kong. Since its debut, the Fund has gained strong traction among local investors due to its income-generating characteristics.[1]
The introduction of a tokenized unit class represents the evolution of the Fund from strategy innovation to infrastructure innovation, further demonstrating Global X’s commitment to innovation and its support for the Hong Kong SAR Government’s policy direction of fostering the sustainable development of digital assets and financial technology.
The Fund’s tokenized unit class is available in both Hong Kong dollars and U.S. dollars and is designed as an income-focused ETF aiming to make monthly distributions. (Distributions are not guaranteed and may be paid out of capital.)
Dennis Fok, Co-Chief Executive Officer and Chief Investment Officer, ETF, Mirae Asset Global Investments (Hong Kong) Limited, said:
"Global X’s Covered Call strategy provides investors with a relatively stable source of income, while tokenization transforms the way investors hold and transact fund units. We are delighted to partner with Citi and OSL to bring Hong Kong’s first covered call ETF into the blockchain era and deliver a more efficient investment experience for investors."
David Brown, Japan, Asia North and Australia Financial Institutions Sales Co-Head, Services at Citi, said:
"Citi is proud to collaborate with Global X ETFs and OSL on this milestone launch in Hong Kong, reflecting our shared commitment towards innovation and the development of local capital markets. The launch extends our long-standing partnership with Global X ETFs, with Citi now serving as transfer agent. This reflects the continued digitization of Citi’s global transfer agency platform, enabling fund tokenization as part of a broader suite of digital asset solutions across Citi’s Services business."
Terrence Pu, Senior Vice President of OSL Exchanges, OSL Group, said:
"What tokenization changes is how efficiently fund income and units can be held, transferred and settled. Through our regulated platform, we are able to bring both institutional and retail investors into this structure with the same standards they would expect from traditional funds, while giving them the operational benefits of holding units on-chain. This collaboration also marks a step in diversifying OSL’s product offering, providing clients more flexibility in capital allocation and investment management"
For details of the Fund and its risk factors, please refer to the Fund’s Prospectus and Product Key Facts Statement available at:
https://www.globalxetfs.com.hk/
(This website has not been reviewed by the Securities and Futures Commission.)
About Mirae Asset Financial Group
Mirae Asset Global Investments ("Mirae Asset") manages more than US$439 billion in assets.[2]
The firm offers a broad range of investment products, including mutual funds, exchange traded funds (ETFs), and alternative investments. Mirae Asset operates in 25 offices worldwide and employs more than 1,000 professionals, including over 265 investment specialists. [2]
Mirae Asset’s global ETF platform comprises more than 768 ETFs[2], providing investors with high-quality, cost-effective investment solutions across emerging themes and disruptive technologies. The firm manages approximately US$275 billion in ETF assets[2], with ETF listings across Australia, Brazil, Canada, Colombia, Hong Kong, India, Japan, Korea, Vietnam, Europe, and the United States.[2]
About Global X ETFs
Founded in 2008, Global X ETFs has, for more than a decade, been committed to providing investors with innovative and thoughtful investment solutions. The firm offers a lineup of 499 ETF strategies[2] with over US$169.6 billion in assets under management.[2]
Global X is widely recognized for its thematic growth, income, and international market ETFs and is a member of the Mirae Asset Financial Group.
About Citi
Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.
Additional information may be found at www.citigroup.com | X: @Citi | LinkedIn: www.linkedin.com/company/citi | YouTube: www.youtube.com/citi | Facebook: www.facebook.com/citi
Mirae Asset Global Investments (Hong Kong) Website: https://www.am.miraeasset.com.hk/
Global X ETFs Hong Kong Website: https://www.globalxetfs.com.hk/
Media Enquiries:
Mirae Asset Global Investments (Hong Kong) Limited
Tel: +852 3555 5888
Email: [email protected]
About OSL Group
OSL Group (HKEX: 863) is a global stablecoin payment and trading platform that strives to provide compliant and efficient digital financial infrastructure services globally, empowering enterprises, financial institutions and individuals to seamlessly exchange, pay, trade, and settle between fiat and digital currencies. Grounded in the core values of Open, Secure, and Licensed, it is committed to building a more efficient ecosystem that connects global markets and enables instant, seamless and compliant value movement worldwide.
For media inquiries, please contact: [email protected]
Disclaimer
This article is for informational purposes only and does not constitute, and shall not be construed as, an offer, solicitation, invitation, recommendation, or inducement to buy, sell, subscribe for, or otherwise deal in any digital assets, securities, or financial products. It does not constitute financial, investment, legal, tax, accounting, or other professional advice and should not be relied upon as such. The views, statements, and information contained herein do not necessarily reflect the official positions or commitments of OSL Group or any of its affiliates. Any descriptions of products, services, promotions, or programmes are for general reference only. Participation in any products, services, or promotions mentioned is subject to applicable terms, conditions, and regulatory requirements. This article may contain forward-looking statements or indicative information. Actual outcomes may differ materially, and OSL Group assumes no obligation to update such information.
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[1] Mirae Asset; Hong Kong Exchanges and Clearing Limited (HKEX), February 28, 2024. |
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[2] Mirae Asset Global Investments, as of June 30, 2026. |
Source : Global X ETFs, Citi and OSL Launch Hong Kong's First Tokenized Covered Call ETF
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