Overview
- CMB International Asset Management deployed two tokens, CMBMINT and CMBIMINT, on BNB Chain that represent units of its USD money market fund.
- Access is limited to accredited investors who can subscribe using fiat or stablecoins through licensed platforms DigiFT and OnChain.
- DigiFT and OnChain handle issuance, on-chain compliance, subscriptions and redemptions via smart contracts to manage liquidity.
- Industry coverage reports the initiative brings about $3.8 billion of fund assets on-chain, a figure not independently verified by the articles.
- Planned integrations with BNB Chain DeFi protocols such as Venus Protocol and ListaDAO aim to enable collateral and yield strategies, as BNB Chain pitches itself as a tokenisation layer for real-world assets.