
CMBI and DigiFT Make History with the Launch of a Revolutionary Multi-Chain Tokenized USD Fund
In a groundbreaking move, CMB International Asset Management has collaborated with Singapore-based DigiFT to tokenize its USD Money Market Fund. This innovative product, recognized by regulators in Hong Kong and Singapore, is designed to operate across multiple blockchains, including Solana, Ethereum, Arbitrum, and Plume.
The tokenized USD fund offers unparalleled accessibility for qualified investors, as it enables multi-currency subscriptions and redemptions, while ensuring real-time liquidity through advanced smart contracts. This innovative offering marks a significant milestone in the industry, as it is the first of its kind – a multi-jurisdictional, multi-chain tokenized money market fund.
With this launch, CMBI and DigiFT have opened up new investment opportunities for qualified investors on the DigiFT platform. The partnership aims to provide unparalleled flexibility and convenience, allowing users to participate in a decentralized financial ecosystem that is both secure and transparent.
This historic collaboration between CMBI and DigiFT has far-reaching implications for the cryptocurrency and blockchain industries. By leveraging the power of multiple blockchains, this innovative product sets a new standard for institutional-grade investment products.
In an era where digital assets are gaining mainstream acceptance, CMBI’s USD Money Market Fund is poised to revolutionize the way we think about decentralized finance (DeFi) and traditional financial instruments. With its multi-chain architecture, this fund has the potential to bring unparalleled benefits to investors worldwide.
The implications of this development are far-reaching, as it signals a significant shift in the global financial landscape. By providing a secure, transparent, and accessible investment platform, CMBI and DigiFT have taken a bold step towards shaping the future of finance.
Source: coinpedia.org