BNP Paribas Asset Management Launches Natively Tokenized Money Market Fund Units

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On May 25, according to Crowdfund Insider, BNP Paribas Asset Management (BNPP AM) announced the launch of native tokenized money market fund shares, testing cross-border transactions based on Distributed Ledger Technology (DLT). This collaboration will involve Allfunds Blockchain (technology provider) and BNP Paribas Securities Services (transfer agent and fund trading service provider).

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