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BNB Holds Near $1,190 as China Merchants Bank Tokenizes Fund on BNB Chain
The tokenisation enables faster settlement and wider access to regulated investments, supporting Hong Kong's strategy to become a leading hub for real-world asset blockchain adoption.
- On Wednesday, CMB International Asset Management Limited, China Merchants Bank Hong Kong subsidiary, tokenised a US-dollar money market fund on BNB Chain, issuing tokens for accredited investors.
- As part of a longer-term push, Hong Kong has worked since 2022 to position itself as a digital asset hub, prompting Chinese institutions like China Merchants Bank to explore real-world asset tokenisation.
- Named CMBMINT and CMBIMINT, the new tokens represent units in CMB International's USD money market fund, support fiat and stablecoin subscriptions, and are distributed by DigiFT and OnChain, Sarah Song said.
- Amid recent volatility, BNB traded at $1,200 on Wednesday, down 0.5%, and BNB Chain and Binance launched a $45 million airdrop initiative and a $400 million 'Together Initiative'.
- Institutional moves such as China Renaissance's planned $600 million raise suggest growing interest in token products, while Binance's stablecoin reserves climbed to $44.6 billion amid market shifts.
14 Articles
14 Articles
CMB International Brings $3.8B Fund to BNB Chain
CMB International Asset Management Limited (CMBIAM), a subsidiary of China Merchants Bank, has partnered with BNB Chain to introduce a major money market fund to the blockchain ecosystem. The collaboration has led to the on-chain launch of the CMB International USD Money Market Fund, a regulated product valued at more than $3.8 billion, through the issuance of CMBMINT and CMBIMINT tokens. This partnership marks a significant step in merging trad…
CMB International and BNB Chain Tokenize $3.8B Money Market Fund
The post CMB International and BNB Chain Tokenize $3.8B Money Market Fund appeared on BitcoinEthereumNews.com. Luisa Crawford Oct 15, 2025 18:55 CMB International collaborates with BNB Chain to tokenize a $3.8 billion money market fund, enhancing blockchain access to regulated real-world assets. CMB International Asset Management Limited (CMBIAM), a subsidiary of China Merchants Bank, has partnered with BNB Chain to bring a significant money m…
CMB International Launches $3.8 Billion Money Market Fund on BNB Chain
BNB Chain, the well-known decentralized blockchain ecosystem, has partnered with CMB International, a Hong Kong-based renowned investment bank. The partnership will let accredited investors access regulated real-world assets (RWAs) via secure tokenization on-chain through a $3.8B Money Market Fund. As BNB Chain’s official press release reveals, the development combines conventional financial potential with DeFi. Hence, the move is set to lead to…
The Hong Kong subsidiary of one of the largest Chinese banks has just marked the story by tokenizing a colossal fund on Binance's blockchain. A bold initiative that occurs in a regulatory context to the least tense. The article Binance: Hong Kong CMBI relies on the BNB Chain to tokenize $3.8 billion appeared first on Cointribune.
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