CMB International Launches $3.8B Money Market Fund on BNB Chain
CMB International Launches $3.8 Billion Fund on BNB Chain
- CMB International, a subsidiary of China Merchants Bank, introduced its $3.8 billion USD Money Market Fund on the BNB Chain.
- The fund is represented by CMBMINT and CMBIMINT tokens, with support from distribution partner DigiFT and tech provider OnChain.
- Ranked #1 in Asia-Pacific by Bloomberg in 2025, it focuses on USD-denominated short-term deposits and high-quality money market instruments.
- Since its inception in 2024, the fund has delivered consistent returns.
Blockchain Efficiency and Institutional Access
- Accredited investors can subscribe using fiat or stablecoins, with real-time redemption managed by DigiFT's liquidity management smart contracts.
- The partnership allows for secure, compliant global investor access via BNB Chain’s infrastructure.
Trend of Institutional Real-World Asset (RWA) Adoption
- The launch reflects a trend of traditional financial products moving on-chain, following other institutions like Franklin Templeton.
- The network also collaborates with Ondo's RWA platform to expand tokenized equities access.
- CMBMINT and CMBIMINT tokens will integrate with DeFi protocols such as Venus Protocol and ListaDAO for collateralized lending and yield strategies.
Market Context and Support Initiatives
- BNB Chain recently provided a $45M airdrop to meme coin traders affected by market volatility.
- Binance plans to distribute $300 million to traders impacted by liquidations.
- The launch expands on-chain access to institutional-grade assets, enhancing DeFi utility through protocol integrations.