Asia-Pacific's Top-Ranked Money Market Fund Goes On-Chain Across Solana and Beyond

The regulatory breakthrough that could reshape tokenized finance

A significant milestone just hit the RWA (Real-World Assets) space: CMB International Asset Management, in partnership with Singapore-licensed exchange DigiFT, has rolled out the CMB International USD Money Market Fund as a tokenized product across multiple blockchains—Solana, Ethereum, Arbitrum, and Plume. What makes this noteworthy? It’s the first publicly offered money market fund available on Solana that’s recognized by regulators in both Hong Kong and Singapore.

The numbers speak for themselves. Bloomberg ranks this fund #1 among Asia-Pacific money market peers as of July 31, and it’s now open exclusively to accredited investors in Singapore through DigiFT’s platform. For context, that’s not just a product launch—it’s validation that institutional-grade RWA infrastructure is maturing.

Real liquidity, not just tokenomics

Here’s the operational angle that separates this from hype: investors can subscribe and redeem in real-time using either fiat currency or stablecoins. DigiFT’s proprietary smart contracts handle the money chain automatically, meaning no waiting for end-of-day settlement or manual processing delays. You request redemption, and it executes on-chain almost immediately.

Behind the scenes, CMBIAM manages the underlying fund itself, while DigiFT handles on-chain issuance and distribution. Solana’s integration partner, OnChain (an RWA service provider), provides the blockchain infrastructure support. It’s a clean division of labor—traditional finance expertise meets blockchain execution.

Solana’s quiet dominance in institutional RWA

This launch reveals something interesting about Solana’s trajectory in regulated assets. Earlier this year, Franklin Templeton expanded its OnChain U.S. Government Money Fund (FOBXX) to Solana, adding it to deployments on Stellar, Aptos, Ethereum, Avalanche, Arbitrum, Base, and Polygon. BlackRock’s BUIDL tokenized treasury product, managed with Securitize, crossed $1.7 billion in market cap and also added Solana support in March.

The pattern: Solana wasn’t necessarily first in RWA, but it’s becoming the multi-chain standard for serious institutional products. CMBI’s debut adds a crucial Asia-Pacific regulatory layer—it’s the first such product recognized by Hong Kong and Singapore regulators simultaneously, giving Solana’s ecosystem a foothold in one of the world’s most important financial regions.

For accredited investors and institutions watching this space, the implication is clear: tokenized money market funds are moving from experimental to operational.