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

Pantera Capital Partner: The Financial Trajectory of AI Agents

In the next 5 years, Vitalik will scale Ethereum like this

Sam Altman and the End of the World Capitalism

Wall Street Rings Inflation Alarm Bells Amid Iran Tensions, What Does It Mean for Cryptocurrency?

Qwen Open Source Model Enters Mobile, Nasdaq Tests Water Prediction Market, What's the Overseas Crypto Community Talking About Today?

MegaETH Co-founder: 48 Hours After Escaping Dubai, I Reassess the Entire Crypto Scene

Morning Report | Strategy increased its holdings by 3,015 bitcoins last week; BitMine increased its holdings by 50,928 ETH last week; Vitalik elaborated on the Ethereum execution layer roadmap

Why is it said that there are structural opportunities in encrypted AI?

Make Probability an Asset: A Forward-Looking Perspective on Predictive Market Agents

Consumer application issues

Arthur Hayes: The flames of war in the Middle East rise, Bitcoin is bullish

Legendary investor Naval: In the AI era, traditional software engineers have no value?

More absurd than knowing about the war in advance is knowing in advance about the assassination of Soleimani

Key Market Insights on March 2nd, how much did you miss?

How to systematically track high-performing addresses on Polymarket?

From Stanford Lab to Silicon Valley Streets: How OpenMind is Solving the "Last Mile" Problem of the Machine Economy?

PlanX: Reconstructing On-Chain Execution with AI, Moving Towards a New Paradigm

US Judge Allows Binance Unregistered Token Lawsuit to Advance
Key Takeaways: A federal judge in Manhattan dismissed Binance’s petition to resolve a securities lawsuit through private arbitration,…