CMBI Tokenizes $3.8B Money Market Fund on BNB Chain
CMB International Asset Management (CMBI) has tokenized its top-ranked $3.8B USD Money Market Fund on BNB Chain. The fund now trades as CMBMINT and CMBIMINT tokens, letting accredited investors subscribe with fiat or stablecoins and redeem in real time. The launch boosts RWA tokenization on BNB Chain, joining institutional-grade products from Franklin Templeton and Ondo Finance. Planned integrations with Venus Protocol and ListaDAO will unlock collateralized lending and yield strategies. BNB Chain’s scalable infrastructure and low gas fees drive efficient liquidity management and further DeFi integration.
Bullish
The tokenization of a $3.8B institutional-grade Money Market Fund on BNB Chain signals strong institutional interest and deepens the chain’s real-world asset ecosystem. This development could drive increased demand for BNB as liquidity flows on-chain and investors seek efficient, low-cost transactions. Short term, integrations with DeFi protocols may boost trading volumes and yield-seeking activities. Long term, successful institutional adoption may enhance market confidence and trading liquidity on BNB Chain, supporting a bullish outlook.