CMB International Officially Announces: $3.8 Billion Fund on-chain! BNB Chain Welcomes Historic Partnership

CMB International Asset Management (CMBIAM) announced a deep collaboration with BNB Chain to tokenize and issue its approximately $3.8 billion USD money market fund on-chain.

Fund units will be represented by two tokens, CMBMINT and CMMBIMINT, with technical support and distribution services provided by DigiFT and OnChain. This marks the first time that traditional money market funds are tradable, redeemable, and auditable on-chain, marking the official entry of traditional institutional assets into the on-chain world.

This is more than just a technical collaboration; it heralds a new chapter in the evolution of the financial industry.

Henry Zhang, Founder and CEO of DigiFT, said: "This collaboration demonstrates DigiFT's role as a key bridge between trusted financial products and programmable blockchain infrastructure.

By supporting the distribution of CMB International's USD Money Market Fund on the BNB chain, we have effectively improved investors' access efficiency and interoperability to high-quality assets."

Peter Song, Co-founder and CEO of OnChain, pointed out: "We are honored to participate in this benchmark project as a technical service provider.

This collaboration is not only a recognition of OnChain's technical capabilities in the field of real-world assets (RWA), but also further consolidates our position as a trusted on-chain wealth management platform."

CMB International's (CMB International) introduction of a large-scale USD money market fund on the chain is a key step for traditional financial institutions to further embrace blockchain technology and expand the application scenarios of real-world assets (RWA). It also opens up a more convenient and transparent asset allocation path for qualified investors.