HKAN | Oct 18

China Merchants Bank Tokenizes $3.8 Billion Fund on BNB Chain in Hong Kong — Report

According to recent reports, China Merchants Bank International (CMBI) has tokenized a $3.8 billion fund on the BNB Chain, marking a major milestone for institutional blockchain adoption in Hong Kong.

The move makes CMBI one of the first major Chinese financial institutions to issue and manage a tokenized fund on a public blockchain, highlighting BNB Chain’s growing role in real-world asset (RWA) tokenization.

The initiative aims to enhance transparency, liquidity, and efficiency in fund management while enabling 24/7 digital asset accessibility for institutional clients. By leveraging smart contracts and blockchain validation, the bank can streamline fund operations and improve investor confidence.

Industry observers say this development aligns with Hong Kong’s pro-Web3 stance and its ambition to become a regional hub for digital asset innovation. It also underscores the increasing collaboration between traditional finance (TradFi) and blockchain infrastructure providers such as BNB Chain.