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On October 15, 2025, CMB International Asset Management Co., Ltd. (CMBIAM), a wholly-owned subsidiary of China Merchants Bank, and BNB Chain officially announced a strategic collaboration. With the technical support of DigiFT and OnChain, a US$3.8 billion US dollar money market fund was successfully connected to the BNB Chain ecosystem through tokenization. This breakthrough cooperation marks the first time that top money market funds in the Asia-Pacific region have achieved deep integration with the mainstream blockchain ecosystem, setting a benchmark for the on-chain development of institutional-level real world assets (RWA).  Comprehensive web3 software development support, one-stop solution. Every link is monitored by a senior team to ensure efficient progress of the project. Video ID: sphRSvY29S74DTK Receive 500+ project development cases, 5G project model cases and operation information As the flagship product of CMB International Asset Management, the U.S. dollar money market fund has performed steadily since its establishment in 2024, ranking first in the Asia-Pacific region among similar funds ranked by Bloomberg. More than 70% of its net asset value is invested in U.S. dollar-denominated short-term deposits and high-quality monetary instruments issued by governments and international organizations. After being put on the chain, the fund will be circulated on the chain through two tokens, CMBMINT and CMBIMINT. Qualified investors can complete the subscription through legal currency or stable currency, and realize real-time redemption of assets with the help of DigiFT's exclusive liquidity management smart contract, which has completely changed the time limit of traditional fund subscription and redemption. Two-way empowerment: precise connection between traditional financial strength and blockchain ecological advantagesThe core value of this collaboration lies in the deep complementarity between the professional capabilities of financial institutions and the advantages of blockchain technology. As the core strategic platform for China Merchants Bank to expand internationalization and mixed operations, CMB International has built a comprehensive financial service system covering corporate financing, asset management, and wealth management since its establishment in 1993. It relies on the resources of the parent company to continue to deepen the construction of Hong Kong's international financial center. It has previously launched the first public money market fund on the Solana blockchain and has been recognized by multiple regional regulators. Its head of asset management, Adam Bai (Bai Haifeng), emphasized that with the help of BNB Chain's infrastructure, the fund strategy has achieved compliance expansion to global investors, which is an important practice for financial inclusion and investment experience upgrade. As the world's leading community-driven blockchain ecosystem, BNB Chain provides safe and efficient technical support for traditional financial products on the chain with its high-performance EVM-compatible architecture, large user base and diversified asset API advantages. Sarah, its business development director, pointed out that this cooperation not only demonstrates the value of blockchain technology in empowering traditional financial products, but also promotes BNB Chain to take a key step towards the vision of "full asset tokenization layer" and becomes an important milestone in its RWA layout. At present, BNB Chain has joined forces with Franklin Templeton, Circle and other institutions to build a complete RWA ecosystem covering asset tokenization, DeFi applications and compliance infrastructure. The addition of the US$3.8 billion fund will further enrich the ecological asset types. Ecological extension: opening up new scenarios for on-chain financial servicesIt is worth noting that the two fund tokens will be fully connected to the RWA ecosystem of BNB Chain, realizing interconnection with mainstream DeFi protocols such as Venus Protocol and Lista DAO, and supporting diversified financial scenario applications such as mortgage lending and income strategies. This innovative model of "traditional funds + blockchain + DeFi" not only provides investors with more flexible asset allocation options, but also opens up the value transfer channel between traditional finance and the Web3 field. From an industry perspective, this cooperation coincides with a critical period of accelerated development of the global RWA track. As large European and American asset management companies have successively deployed tokenized products, traditional financial institutions are moving from pilot exploration to large-scale implementation. The collaboration between CMB International and BNB Chain not only reflects the forward-looking layout of Chinese asset management institutions in the field of RWA, but also provides the industry with a replicable transformation sample through the trinity model of "compliance structure + blockchain technology + ecological synergy" - under the premise of strictly complying with regulatory requirements, blockchain can be used to improve operational efficiency, expand market boundaries, and achieve a balance between financial innovation and risk management. Industry Enlightenment: RWA accelerates the reconstruction of the global asset management landscapeThe implementation of the USD 3.8 billion fund on-chain confirms the transformative value of blockchain technology to the asset management industry. Through tokenization transformation, traditional funds have achieved three major breakthroughs while maintaining a sound investment strategy: First, the global expansion of distribution channels has broken through geographical restrictions and reached a wider range of qualified investors. ； The second is a revolutionary improvement in transaction efficiency, compressing the T+1 or T+2 application and redemption cycle of traditional funds to real-time completion. ； The third is the diversified extension of service scenarios, from single value-added holdings to complex financial services on the chain. For the entire financial industry, this cooperation marks that the wave of digital assetization is deeply penetrating from crypto-native assets into the traditional financial field. CMB International has previously obtained a virtual asset trading service license and built a layout of an integrated "investment and private sector" service system, which forms a strategic response to this on-chain move and demonstrates the systematic thinking of traditional financial institutions in the digital transformation. Blockchain platforms such as BNB Chain, through compliance cooperation with licensed financial institutions, have gradually broken the label of "niche applications" and become an important part of the mainstream financial ecosystem. Looking to the future, as more funds, bonds and other assets are tokenized through the blockchain, the global capital market will accelerate into the digital upgrade stage. The strategic collaboration between CMB International and BNB Chain is not only an innovative practice in technology and business, but also indicates that the integration of traditional finance and Web3 ecology will become the core force in reshaping the financial industry.  |
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