BNP Paribas is piloting a tokenized money market fund on Ethereum, using permissioned access and strict compliance whitelists🛡️. The project leverages the AssetFoundry platform to test the integration of public blockchains with regulated funds, maintaining control🔒. This move marks a cautious step for traditional finance into public blockchains, enhancing settlement speed and capital efficiency⚡️. Running alongside peers like BlackRock and JPMorgan, further interoperability is expected to expand🌐.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BNP Paribas is piloting a tokenized money market fund on Ethereum, using permissioned access and strict compliance whitelists🛡️. The project leverages the AssetFoundry platform to test the integration of public blockchains with regulated funds, maintaining control🔒. This move marks a cautious step for traditional finance into public blockchains, enhancing settlement speed and capital efficiency⚡️. Running alongside peers like BlackRock and JPMorgan, further interoperability is expected to expand🌐.