<ul><li>France's best-performing bank launches tokenised money market fund shares using blockchain in partnership with Allfunds Blockchain and BNP Paribas' Securities Services.</li><li>The initiative involves issuing a tokenised share class of an existing Luxembourg-based money market fund, enabling near-instantaneous execution of transactions and cross-border transactions with a French counterparty.</li><li>This move aims to improve transparency, operational efficiency, and settlement speed for institutional and retail clients, building on insights gained from Eurosystem CBDC experiments.</li><li>Blockchain integration in this initiative can democratize access to money market funds, offering high liquidity and flexible access to capital with enhanced security and real-time data capabilities.</li></ul>

France’s Best-Performing Bank Launches Tokenised Money Market Fund Shares Using Blockchain

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