BNP Paribas Joins BlackRock and JPMorgan in the Rush to Tokenize Funds on Ethereum

BNP Paribas has launched a tokenized share class of a French-domiciled money market fund on the public Ethereum blockchain. The firm is the largest bank in Europe, with over $3 trillion in assets. This marks another significant step in traditional finance’s gradual migration to distributed ledger technology. Ethereum RWA Market Tops $15 Billion as BNP Paribas Joins Tokenization Push The pilot project, executed through the bank’s AssetFoundry platform, allows BNP Paribas to test the integration of public blockchains into heavily regulated fund structures source: https://beincrypto.com/bnp-paribas-tokenized-share-class-ethereum/