đŠ Tokenization Goes Institutional
BNP Paribas Asset Management just launched a blockchain pilot, issuing tokenized shares of a money market fund using its AssetFoundry platform.
đ Key Details:
âą Permissioned access â only authorized investors
âą Fully compliant with regulations
âą Tested full lifecycle: issuance â transfer â blockchain
âą BNP Paribas Securities Services acted as transfer agent & dealer
đ§© Why it matters:
âą Brings TradFi funds on-chain
âą Proves real-world asset tokenization at scale
âą Cuts settlement friction
âą Bridges banks with public blockchains
đ This follows earlier trials with Allfunds Blockchain and experiments linking SWIFT to blockchain rails. $XRP
đĄ TradFi isnât watching crypto anymore â itâs building on it. $BTC
#Tokenization #Blockchain #TradFi #CryptoNews
đ Follow me for more real-time crypto & institutional adoption updates đ $ETH