BNP Paribas Asset Management (BNPP AM) Launches Native Tokenized Money Market Fund Shares

According to TechFlow, on May 25, Crowdfund Insider reported that BNP Paribas Asset Management (BNPP AM) announced the launch of native tokenized money market fund shares to test 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 transaction service provider).