TechFlow News, February 21: According to The Block, BNP Paribas Asset Management recently announced the issuance of tokenized shares of a French domestic money market fund on the Ethereum blockchain via its AssetFoundry™ platform. The project employs a “permissioned access model” to ensure that only qualified and authorized participants can hold and transfer the assets, thereby complying with relevant regulatory requirements.
This marks BNP Paribas’ second issuance of a tokenized money market fund, aimed at testing the full end-to-end process—from issuance and transfer agency to tokenization and connection to public blockchains.
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