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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 20:22:20
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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.

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