A story titled, "Maybank Launches Tokenized On-​Chain Money Market Fund with Marketnode and BNP Paribas," on Yahoo Finance tells us, "Malaysian multinational bank Maybank and BNP Paribas have teamed up with Singapore based digital market infrastructure firm Marketnode to launch Maybank'​s Money Market Fund on-​chain, marking a major move toward tokenized investment products.... [​T]​he firms' said the collaboration is a step toward mainstream fund tokenization, improving the accessibility and transparency of traditional investment products. BNP Paribas will serve as the transfer agent, integrating tokenization seamlessly into existing capital markets infrastructure." The article explains, "The initiative matches Singapore'​s growing role as a global hub for regulated tokenization, particularly in the funds and fixed-​income sectors, where financial institutions are actively piloting blockchain-​based solutions to unlock liquidity and automate settlement." It quotes Andrew Scott, Head of Digital Assets at Marketnode, "​As tokenization accelerates from concept to reality, the industry'​s infrastructure must evolve just as boldly. By bridging infrastructural gaps and uniting expertise across our partners, we are defining what the next generation of trusted, interoperable markets can look like in Asia." Maybank'​s Ivan Won, Head of Product & Marketing, adds, "We are excited to collaborate with Marketnode and BNP Paribas to bring our Maybank Money Market Fund on-​chain. This enhances modern-​day investors' access to our products and reflects our commitment to leverage technology as we venture into a tokenized future -- one that the Singapore financial industry is rapidly embracing."

Your Name:
Your Email:
Recipient Email(s):

Use a comma or a semicolon to separate

Please retype symbols from the image:

Optional Message

Daily Link Archive