China Merchants Bank International Asset Management (CMBIAM), a subsidiary of China Merchants Bank, has launched its $3.8 billion USD Money Market Fund on BNB Chain, represented by the CMBMINT and CMBIMINT tokens. This initiative, announced on October 15, 2025, is supported by distribution partner DigiFT and technology services provider OnChain, enabling accredited investors to subscribe using fiat or stablecoins and redeem holdings in real-time through proprietary liquidity management smart contracts.
The fund, ranked #1 among Asia-Pacific peers by Bloomberg as of October 2025, primarily invests in USD-denominated short-term deposits and high-quality money market instruments. Since its inception in 2024, it has maintained consistent returns. Adam Bai, Head of CMB International Asset Management, highlighted that leveraging BNB Chain's infrastructure allows the firm to extend its strategies to a global investor base securely and compliantly. Similarly, BNB Chain's Head of Business Development, Sarah, emphasized the collaboration's role in showcasing how regulated financial products can utilize the network's scalability and ecosystem reach.
This launch is part of a broader trend of traditional financial products moving on-chain, with BNB Chain emerging as a leader in tokenization. The network has $500 million in real-world assets (RWA) tokenized, according to RWAxyz data, and has partnered with platforms like Ondo's RWA platform for tokenized stocks. The CMBMINT and CMBIMINT tokens are planned for integration with DeFi protocols, including Venus Protocol (XVS) and ListaDAO, where they can be used for collateralized lending and yield strategies.
Despite the positive development, BNB's price was trading sideways around $1,184 at the time of reporting, with a 15% drop in trading volume and mixed derivatives market sentiment. BNB Chain recently achieved milestones like a record 26 million daily transactions and top DEX trading volume, indicating growing ecosystem activity.