International Asset Management company CMB introduces tokenized Money Market Fund in partnership with DigiFT.
In a significant move, CMB International Asset Management (CMBI), a subsidiary of China Merchants Bank, has launched a tokenized USD Money Market Fund (MMF) called CMBMINT. This innovative fund is available on the Ethereum and Solana blockchains, with plans to expand to Arbitrum and Plume chains.
The CMBMINT is a digital representation of one of the existing share classes of the CMB International USD Money Market Fund, which is regulated in both Hong Kong and Singapore. The tokenized MMF is noteworthy for being the first publicly offered money market fund on the Solana blockchain.
Key features of the tokenized MMF include:
- Instant issuance and redemption of tokens representing fund shares, facilitated by smart contracts to provide real-time liquidity. Investors can subscribe or redeem using either traditional fiat currency or blockchain-based stablecoins.
- Multi-chain availability and interoperability, initially on Ethereum and Solana, with plans for Arbitrum and Plume blockchains.
- The tokenization enables fractional ownership and cross-border settlement, improving accessibility and efficiency for investors.
The on-chain issuance and distribution of CMBMINT are managed by DigiFT, a Singapore-based licensed real-world asset (RWA) exchange, while CMBIAM manages the underlying fund. Blockchain infrastructure support comes from providers like OnChain on Solana.
The tokenized fund is available exclusively to accredited investors in Singapore, reflecting adherence to regulatory standards from both Hong Kong and Singapore. The initiative underscores the growing institutional acceptance of blockchain technology within regulated financial frameworks.
The fund is fully regulated in Hong Kong and Singapore, with DigiFT ensuring compliance through licensed issuance and distribution. This move demonstrates the potential of blockchain technology to bridge traditional money market funds with modern digital assets while maintaining strong regulatory compliance.
In summary, CMBI’s tokenized MMF on Ethereum and Solana offers a regulated, multi-chain accessible, and liquid investment product. It targets accredited investors with real-time on-chain transactions and strong regulatory compliance. The planned expansion to Arbitrum and Plume blockchains further cements its position as a pioneer in the field of tokenized money market funds.
[1] CMBI Press Release, "CMBI Launches Tokenized Money Market Fund", July 31, 2025. [2] DigiFT Press Release, "CMBMINT: The First Public Money Market Fund on the Solana Blockchain", July 31, 2025. [3] OnChain Press Release, "Supporting CMBI's Tokenized Money Market Fund on Solana", August 1, 2025. [4] Singapore Monetary Authority, "Regulatory Approval for CMBI's Tokenized Money Market Fund", August 3, 2025.
- The tokenized USD Money Market Fund launched by CMB International Asset Management, CMBMINT, is available on the Ethereum and Solana blockchains, offering real-time liquidity through instant issuance and redemption of shares facilitated by smart contracts.
- CMBMINT is noteworthy as it represents the first publicly offered money market fund on the Solana blockchain, enabling fractional ownership and cross-border settlement for investors.
- The tokenization of the fund allows for multi-chain availability, initially on Ethereum and Solana, with plans to expand to Arbitrum and Plume blockchains, for increased accessibility and efficiency.
- The tokenized MMF is primarily designed for accredited investors in Singapore, demonstrating the growing institutional acceptance of blockchain technology within regulated financial frameworks.
