CMB International (CMBIAM), the Hong Kong-based subsidiary of China Merchants Bank, one of China’s leading commercial banks, has tokenized a $3.8 billion money market fund (MMF) on BNB Chain, the blockchain developed by Binance, the world’s largest cryptocurrency exchange.
CMB International Asset Management Limited has partnered with BNB Chain to tokenize the CMB International USD Money Market Fund by issuing two tokens that will be available to accredited investors, the companies said in a statement.
The two tokens – CMBMINT and CMBIMINT – will be distributed by DigiFT, a crypto exchange focusing on tokenized RWAs, and investment platform OnChain, respectively.
BNB Chain stated in its statement that protocols like Venus Protocol and Lista Dao will integrate CMBMINT and CMBIMINT support, bringing DeFi benefits such as collateralized lending and yield strategies to these tokens.
It was also stated that the fund in question was not an ordinary fund, and that the fund ranked number 1 among its competitors in the APAC money market as of October 2025 and managed over $3.8 billion in assets.
Additionally, it was stated that accredited investors will now be able to access BNB Chain directly through secure and compliant tokenization.
Finally, BNB Chain added in its announcement that the collaboration with CMBI Asset Management is a milestone in bringing RWAs to one of the most active blockchain ecosystems.
*This is not investment advice.