BNP Paribas Asset Management launches native tokenized money market fund shares

According to Crowdfund Insider, BNP Paribas Asset Management (BNPP AM) announced the launch of native tokenized money market fund shares to test cross-border transactions based on distributed ledger technology (DLT). This cooperation will collaborate with Allfunds blockchain (technology provider) and BNP Paribas Securities Services (transfer agent and fund trading service provider).