Asseto collaborates with CMS to attend the BNB Chain Fifth Anniversary Celebration, jointly promoting the integration of TradFi and Web3
BlockBeats News, August 29th, Today at the BNB Chain fifth-anniversary celebration held in Hong Kong, BNB Chain founder CZ delivered a speech, emphasizing that user adoption, institutional trust, and compliance architecture will be the core of the blockchain's next-stage growth.
Of note, CMS Asset Management (HK) CEO Gary Zhou and Asseto Co-founder and CEO Bridget Li appeared on the same stage for the first time, discussing how institutional-grade financial products can enter the Web3 ecosystem through tokenization. This marks a significant milestone in the deep integration of traditional finance with the crypto-native world.
Asseto showcased its core product - CASH+, the first derivative token of an Asian asset management USD money market fund issued on the BNB Chain, with underlying assets managed by CMS and already accepted as eligible collateral by multiple DeFi protocols. The joint appearance of CMS and Asseto will be a key milestone for TradFi institutions partnering with Web3 infrastructure to drive RWA applications.
Bridget Li stated that Asseto will continue to act as a bridge connecting compliant finance with decentralized innovation, promoting the on-chain compliance, composability, and scalability of real-world assets.
You may also like
Gainers
Latest Crypto News
The probability of a 25 basis points interest rate cut by the Federal Reserve in December has risen to 71.3%, reigniting speculation about a rate cut.
There will be no CPI release in October, and the November CPI will be published on December 18th.
Analysis: Watch out for the $82,000 Long Line of Defense. If breached, market makers will sell spot to hedge, leading to accelerated downside pressure.
Mainstream Perp DEX Protocol Revenue Surge: Hyperliquid Leads with $4.24M in 24-hour Revenue
<span>The Nasdaq turned down by 0.2% intraday, while <i>crypto-related</i> stocks across the board were hit hard.</span>
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]