US EditionBNB 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.
10 Articles
10 Articles
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.
A Hong Kong-based subsidiary of China Merchants Bank is carrying out one of the largest tokenization efforts of traditional financial products in the history of Blockchain and BNB Chain. *** Hong Kong-based subsidiary of China Merchants Bank tokeniza fund at BNB Chain. It carries its money market fund in USD $3.8 billion dollars to Blockchain. It marks one of the largest tokenized traditional financial products debuting at Blockchain. Token BNB …
CMB International tokenizes $3.8 million money market fund on BNB Chain - The Cryptocurrency Post
BNB stayed close to $1.190 after China Merchants Bank International turned its $3.8 million U.S. dollar money market fund into digital tokens on BNB Chain. The step links a traditional fund to the blockchain and lets big investors move cash in and out through the same network. Treasury staff, derivatives traders and custodians now interact with a product that records every transaction on a public ledger while still trading like a money market fu…
CMB International tokenizes its $3.8B money market fund on BNB Chain
CMB International's move enhances blockchain integration in finance, potentially accelerating global crypto adoption and 24/7 asset trading. The post CMB International tokenizes its $3.8B money market fund on BNB Chain appeared first on Crypto Briefing.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
