CMB International's $3.8 billion US Dollar Money Market Fund to expand on-chain distribution network via BNB Chain
According to Jinse Finance, CMB International has disclosed that its US Dollar Money Market Fund has expanded its on-chain distribution network on BNB Chain through distribution partner DigiFT and technology provider OnChain. This move will broaden the subscription channels for qualified investors to invest in institutional-grade RWA on BNB Chain. The fund is distributed on-chain through DigiFT by issuing token products linked to its performance. Bai Haifeng, Head of Asset Management at CMB International, stated that by leveraging BNB Chain's robust blockchain infrastructure, money market strategies can be securely and compliantly extended to a broader group of investors.
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