BNB News Today: Hong Kong-Based Bank Bridges Traditional Finance and Blockchain with $3.8B Tokenized Fund

CMB International, a Hong Kong-based subsidiary of China Merchants Bank, has tokenized its $3.8 billion USD Money Market Fund on BNB Chain, marking one of the largest tokenized traditional financial products to debut on a blockchain network, according to the BNB Chain blog. The initiative, supported by DigiFT and OnChain, enables accredited investors to subscribe to the fund using fiat or stablecoins via CMBMINT and CMBIMINT tokens, which represent shares in the fund, as detailed in a Phemex report. This collaboration expands access to regulated real-world assets (RWAs) and underscores BNB Chain's ambition to become a "tokenization layer for all assets," a point highlighted by the [South China Morning Post](https://www.scmp.com/tech/article/3329078