This marks the first public money market fund launched on the Solana blockchain.
The lines between traditional finance and decentralized markets have blurred further. CMB International Asset Management has taken its USD Money Market Fund on-chain, making it accessible across four major public blockchains.
Partnering with Singapore-licensed exchange DigiFT, the firm has created a token product tied directly to the performance of the fund. This marks the first public money market fund available on Solana, a notable move in the RWA tokenization race.
Industry watchers say the shift signals a deeper trust in blockchain rails for regulated investment products. Wu Blockchain reported that the deployment also spans Ethereum, Arbitrum, and Plume, enabling cross-chain investor reach.
For Solana, the launch adds a high-profile, compliance-backed asset to a network often associated with high-speed trading and memecoin activity.
CMBI’s tokenized fund is recognized in both Hong Kong and Singapore, giving it a dual-jurisdiction regulatory edge.
According to DigiFT’s announcement, subscriptions and redemptions are supported in both fiat and stablecoins. Investors can redeem in real time through DigiFT’s proprietary smart contracts, which aim to streamline liquidity without relying on intermediaries.
The fund has held the top performance ranking among Asia Pacific peers since early 2024, based on Bloomberg data as of July 31, 2025. CMBI Asset Management and DigiFT structured the offering to appeal to accredited investors in Singapore while also leveraging Solana’s transaction throughput for wider market access.
By distributing across Solana, Ethereum, Arbitrum, and Plume, the initiative reduces reliance on a single network and increases flexibility for investors. This multi-chain setup also addresses prior performance and liquidity bottlenecks in RWA adoption.
Before now, money market funds were rarely accessible through public blockchains due to regulatory, technical, and liquidity barriers. CMBI’s distributor-led multi-chain architecture directly tackles these issues, offering a practical model for other institutions exploring tokenization.
DigiFT’s infrastructure also integrates compliance mechanisms. These meet jurisdictional requirements while providing investors with on-chain benefits such as transparency and faster settlement. This hybrid approach combines traditional fund safeguards with blockchain-native liquidity tools.
The deployment is being framed as an answer to Hong Kong’s latest policy updates on virtual assets. It aims to align the city’s financial sector with global digital asset management trends while opening investment channels to broader audiences.
Alva, a blockchain analytics platform, called the launch a clear inflection point for RWA growth. By hosting the first public fund on Solana, the network gains credibility beyond its typical high-frequency trading and retail token markets.
This could lead to an uptick in wallet activity and transaction volume as institutional allocators experiment with DeFi integrations. It also provides a real-world case for how tokenized funds can function in a live, regulated market environment.
