Source: Tech – South China Morning PostA Hong Kong subsidiary of China Merchants Bank has tokenised a US-dollar money market fund on BNB Chain – the blockchain developed by the world’s largest cryptocurrency exchange, Binance – as the city’s real-world asset (RWA) drive continues to attract Chinese financial institutions.
CMB International Asset Management Limited partnered with BNB Chain to tokenise its CMB International USD Money Market Fund, issuing two tokens that would be available to accredited investors, the companies said on…Read More