Hong Kong’s CMB Tokenizes $3.8B Money Market Fund on BNB Chain

The CMBMINT and CMBIMINT. tokens are part of a growing ecosystem for real-world assets (RWAs) on BNB Chain.

Hong Kong’s CMB Tokenizes $3.8B Money Market Fund on BNB Chain

A Hong Kong branch of China Merchants Bank (CMB) has brought one of Asia-Pacific’s money market funds onto the blockchain, issuing it as digital tokens on BNB Chain, a blockchain network originally developed by Binance.

According to the official announcement, CMB International Asset Management partnered with BNB Chain for the project, creating two tokens, CMBMINT and CMBIMINT. The move allows accredited investors to access the $3.8 billion fund digitally through two tokens available via platforms DigiFT and OnChain. 

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