CMB International Brings $3.8B Fund to BNB Chain via Tokenization

CMB International Asset Management has partnered with BNB Chain to tokenize its money market fund worth $3.8 billion. The collaboration introduces the CMB International USD Money Market Fund onto the blockchain through two tokens, CMBMINT and CMBIMINT, marking a significant milestone in bringing RWA to one of the most active blockchain ecosystems.

The partnership represents an expansion of CMBI's work with Singapore-based platform DigiFT, which previously tokenized the same fund on Solana in August. BNB Chain announced the collaboration on Wednesday, stating that accredited investors can now access the top-performing fund directly through blockchain-based infrastructure.

According to Hong Kong Stock Exchange data, the fund has demonstrated steady growth since its launch in early 2024. Assets under management increased 24% from $2.9 billion in April to $3.6 billion by August, positioning it as the top performer among Asia-Pacific peers in Bloomberg's rankings as of October 2025.

The CMB International USD Money Market Fund operates as a sub-fund of the CMB International Open-ended Fund Company, established in Hong Kong. The fund allocates at least 70% of its net asset value to USD-denominated short-term deposits and high-quality Money Market instruments issued by governments and top financial institutions across the U.S., Singapore, the European Union, mainland China, Hong Kong, Macau and Taiwan.

Investors can now subscribe to the tokenized fund using fiat currencies or stablecoins and redeem their holdings in real time via DigiFT's proprietary liquidity management smart contracts. Adam Bai, Head of CMB International Asset Management, said the partnership leverages BNB Chain's robust blockchain infrastructure to extend money market strategies to a broader global investor base while maintaining security and compliance.

The tokenization initiative involves RWA infrastructure provider OnChain, enabling investors to use CMBMINT and CMBIMINT tokens across multiple decentralized finance applications. These include collateralized lending and yield strategies through protocols like Venus Protocol and ListaDAO, creating additional utility beyond simple token ownership.

BNB Chain's ecosystem continues to expand its RWA infrastructure, uniting traditional financial institutions with tokenization platforms and DeFi protocols. Key participants include Franklin Templeton, Ondo, and Securitize for issuance, while Venus Protocol, ListaDAO and PancakeSwap enable RWA-backed swapping, borrowing and staking functionality.

Sarah, Head of Business Development at BNB Chain, described the collaboration as another milestone in the platform's journey to become the tokenization layer for all assets. The launch comes as China Merchants Bank, a major Chinese commercial bank, expands its digital asset offerings through its Hong Kong-based subsidiary.