Asseto collaborates with CMS to attend the BNB Chain Fifth Anniversary Celebration, jointly promoting the integration of TradFi and Web3

By: theblockbeats.news|2025/08/29 12:22:20
0
Share
copy

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.

-- Price

--

You may also like

A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?

Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.

340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by

As a core asset in Baidu's AI landscape, Kunlun Chip is expected to exceed Baidu's market value after going public, becoming an important bargaining chip in its turnaround battle.

Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play

The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.

Cape Verde 2-3 Argentina: The Underdog Team That Stunned the World in Defeat

Cape Verde's run ended in a 3-2 defeat to Argentina, but their journey — three unbeaten draws, one heroic goalkeeper, and a fight that pushed the defending champions to the brink — is the kind of story markets recognize too: small caps can rattle blue chips long before anyone expects it.

Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip

Abandoning TSMC and teaming up with Samsung. Anthropic launches a self-developed 2nm chip program, challenging Nvidia and starting a battle to break through computing power costs.

Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed

Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com