CMB International, a subsidiary of China Merchants Bank, has partnered with Singapore's DigiFT and Solana's OnChain to tokenize a USD money market fund. Announced on August 8, 2025, this initiative represents the first cross-jurisdictional tokenized fund by a major Asian financial institution, setting a compliance benchmark for future Real World Asset (RWA) collaborations.
The fund, named CMBMINT, allocates 70% of its investments in USD deposits and treasury bills, with the remaining 30% in non-USD assets, focusing on capital preservation and stable returns. Solana's blockchain serves as the primary platform for the fund's tokenization, which led to a 15% increase in Solana's price within 24 hours. The project is regulated by authorities in Hong Kong and Singapore, ensuring compliance and transparency.
CMB International Launches Tokenized Fund with Solana and DigiFT
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