Binance’s CZ Welcomes Asseto Finance & CMBCC to BNB Chain as Asseto Launches CASH+, First Asian USD Money Market Fund Derivative Token

At the BNB Chain 5th Anniversary celebration, representatives from Asseto Finance and CMBCC (Hong Kong) Asset Management joined ecosystem stakeholders, with Binance founder CZ publicly welcoming both firms into the BNB Chain network, according to official sources.

Positioning itself as a bridge between regulated capital and decentralized infrastructure, Asseto outlined a strategy to support compliant, composable and scalable on‑chain development of real‑world assets (RWA), aiming to deliver institutional-grade, transparent products for crypto investors and asset managers.

Asseto CEO Bridget Li presented the platform’s core product, CASH+, described in reports as the first Asian asset management USD money market fund derivative token on BNB Chain. Market participants note the issuance provides tokenized USD‑denominated exposure and a new on‑chain instrument for liquidity and asset management strategies within a compliance framework.

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