I just saw CZ big brother retweet @cz_binance about this project @AssetoFinance
I hurriedly dug into it, and there are three key points in this statement:
1️⃣ Asseto has a close relationship with the asset management department of China Merchants Securities.
2️⃣ Asseto's core product - CASH+, is deployed on the BNB Chain.
3️⃣ Asseto's co-founder and CEO Bridget Li discussed RWA alongside CZ and China Merchants Securities, and CZ big brother even retweeted it.
The implications in between are significant. I've given this project Asseto a little bell, waiting for the opportunities within.
Asseto partners with China Merchants Securities Asset Management (Hong Kong) to attend the @BNBCHAIN fifth anniversary celebration, jointly promoting the integration of TradFi and Web3.
Today at the #BNBDay fifth anniversary celebration held in Hong Kong, @binance founder @cz_binance delivered a speech emphasizing that user adoption, institutional trust, and compliance frameworks will be the core of the next phase of blockchain growth.
Notably, Gary Zhou, CEO of China Merchants Securities Asset Management (Hong Kong), and Bridget Li, co-founder and CEO of @AssetoFinance, appeared together for the first time to discuss how institutional-level financial products can enter the Web3 ecosystem through tokenization. This marks a significant step towards the deep integration of traditional finance and the crypto-native world.
Asseto showcased its core product - CASH+, which is the first derivative token of an Asian asset management US dollar money market fund issued on the BNB Chain, with underlying assets managed by China Merchants Securities Asset Management (Hong Kong), and has been included as eligible collateral by multiple DeFi protocols. This joint appearance of CMS and Asseto will become a key milestone in promoting RWA applications by TradFi institutions and Web3 infrastructure providers.
Bridget Li stated that Asseto will continue to serve as a bridge connecting compliant finance and decentralized innovation, promoting the compliant, composable, and scalable development of real-world assets on-chain.
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