CMBI Launches CMBMINT, First Cross-Border RWA Tokenized Fund
CMB International has partnered with DigiFT and OnChain to launch CMBMINT, the first cross-border RWA tokenization of a US dollar money market fund recognized in both Hong Kong and Singapore. The fund, originally launched in February 2024, allocates 70% to high-quality USD deposits, treasury bills, and commercial paper, and 30% to non-US short-term instruments. CMBMINT’s token is initially deployed on Solana, with subsequent multi-chain support on Ethereum, Arbitrum and Plume Network. The platform remains regulated by the Hong Kong SFC and MAS under a mutual recognition framework. The smart contract has undergone security audits and includes proof-of-reserve and risk reserve mechanisms. As the first RWA tokenization by a Chinese bank, CMBMINT advances institutional adoption of real world assets on-chain and paves the way for future tokenized public funds.
Bullish
Tokenization of RWA by a major Chinese bank signals deeper institutional entry into on-chain assets, boosting market confidence. The launch of CMBMINT across Solana, Ethereum, Arbitrum and Plume suggests growing infrastructure for real world assets tokenization. Past events like Franklin Templeton’s blockchain fund saw stable interest and liquidity. In the short term, traders may see increased demand for platforms supporting RWA, raising SOL and ETH usage. In the long term, this paves way for more tokenized funds, expanding DeFi integration and enhancing market maturity. Overall, the milestone is bullish as it validates blockchain for institutional finance and may attract new capital into crypto markets.