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Binance Powers $3.8B Fund Tokenization

CMB International Brings $3.8 Billion Fund Onchain via BNB Chain

  • CMB International Asset Management (CMBIAM) has partnered with BNB Chain to tokenize its $3.8 billion Money Market Fund.
  • The initiative is supported by DigiFT and Onchain, enhancing blockchain-based access for investors.
  • This move provides blockchain access to one of Asia-Pacific’s top-performing institutional funds.

CMB International Asset Management’s collaboration with BNB Chain marks a significant step in bringing traditional financial assets onto the blockchain, offering enhanced accessibility and transparency for investors.

By tokenizing its $3.8 billion fund, CMBIAM enables investors to leverage blockchain technology for accessing high-performing institutional funds in the Asia-Pacific region. Source

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