The collaboration marks a significant step in enhancing the accessibility, utility, and transferability of money market funds as the financial industry explores the potential of tokenisation.
BNP Paribas’ Securities Services business will act as the transfer agent, supporting the integration of tokenised funds into existing capital markets infrastructure.
The initiative leverages Marketnode’s modular gateway platform, which provides the tokenisation architecture to improve efficiency, transparency, and connectivity across the investment value chain.
Gateway supports both EVM and non-EVM networks, with recent integrations including Solana, Stellar, and XRP Ledger, offering flexibility across different blockchain environments.
The partnership aims to expand tokenisation across additional fund portfolios and explore new collateral use cases to meet the efficiency and flexibility requirements for a capital future that is on-chain.
Andrew Scott
“This partnership underscores the power of collaboration across the financial ecosystem. As tokenisation accelerates from concept to reality, the industry’s infrastructure must evolve just as boldly.
By bridging infrastructural gaps and uniting expertise across our partners, we are defining what the next generation of trusted, interoperable markets can look like in Asia.”
said Andrew Scott, Head of Digital Assets at Marketnode.
Ivan Won
“We are excited to collaborate with Marketnode and BNP Paribas to bring our Maybank Money Market Fund on-chain. This enhances modern day investors’ access to our products.
This partnership reflects our commitment to innovation and our desire to leverage on technology as we venture into a tokenised future – one that the Singapore financial industry is rapidly embracing.”
said Ivan Won, Head of Product & Marketing at Maybank Asset Management Singapore.
Featured image: Edited by Fintech News Singapore, based on image by nastiklis1992 via Freepik
