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BNP Paribas Launches Tokenized Money Market Fund Shares

  • BNP Paribas has launched tokenized MMF shares using blockchain for transactions, moving towards digital innovation.
  • The project leverages CBDC trials and partnership with Allfunds Blockchain to digitize financial product lifecycles.
  • The tokenized shares enable speedy and transparent access to funds, attracting both institutional and retail investors.
  • BNP Paribas aims to improve efficiency in settlement transactions by embracing blockchain technology for enhanced financial operations.

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