BNP Paribas Pilots Tokenized Money Market Fund on Ethereum 👀 BNP Paribas Asset Management has launched a pilot issuing a tokenized share class of a French domiciled money market fund on Ethereum. The product was issued through its AssetFoundry platform using a permissioned access model. > Holdings and transfers are restricted to authorized participants, ensuring compliance with regulatory requirements while operating on public blockchain infrastructure. > The initiative was structured as a limited intra group experiment to test the full lifecycle of a tokenized fund. > This included issuance, transfer agency functions, and connectivity to Ethereum within a controlled environment. > BNP Paribas Asset Management acted as issuer, while BNP Paribas Securities Services handled transfer agency and dealer functions. > This marks the bank’s second tokenized money market fund experiment and builds on previous efforts involving Allfunds Blockchain and other institutional blockchain initiatives. cc: @EliseHermant , @DanielMMorris , @mariesophiej