15.10.2025 22:06
Drawing from internet sources, a significant financial development has emerged: China Merchants Bank is reportedly exploring the tokenization of a substantial $3.8 billion fund on the BNB Chain, signaling a potential strategic expansion into multi-chain environments.
This initiative involves transforming a large money market fund into on-chain tokens, a process that promises to unlock near-instantaneous settlement capabilities, facilitate fractional ownership, and permit round-the-clock global trading, all while meticulously adhering to Hong Kong's regulatory mandates. The conversion of traditional fund units into blockchain-based tokens is poised to grant continuous and programmable access for investors.
CMB International, a subsidiary of the bank, has already initiated the deployment of this tokenized product on the BNB Chain, with ambitious plans to extend its presence to the Solana network. This strategic multi-chain approach aims to enhance settlement speeds, elevate transparency within financial operations, and democratize investor access, leveraging recent advancements in the BNB Chain's efficiency and its notably reduced gas fees.