Asseto Partners with CMS to Attend BNB Chain 5th Anniversary Celebration, Driving the Integration of TradFi and Web3

BlockBeats News, August 29 – At today's BNB Chain 5th Anniversary Celebration held in Hong Kong, BNB Chain founder CZ delivered a speech emphasizing that user adoption, institutional trust, and compliance frameworks will be the core drivers of the next phase of blockchain growth. Notably, Gary Zhou, CEO of CMS Asset Management (HK), and Bridget Li, Co-Founder and CEO of Asseto, appeared together on stage for the first time to discuss how institutional-grade financial products can enter the Web3 ecosystem through tokenization. This marks a significant step in the deep integration between traditional finance and the crypto-native world. At the event, Asseto showcased its flagship product, CASH+, the first derivative token of an Asia-based asset management USD money market fund issued on the BNB Chain. The underlying assets are managed by CMS and have already been adopted as eligible collateral by multiple DeFi protocols. The joint appearance of CMS and Asseto represents a key milestone in the collaboration between TradFi institutions and Web3 infrastructure providers to advance RWA (Real-World Asset) applications. Bridget Li stated that Asseto will continue to serve as a bridge connecting compliant finance with decentralized innovation, driving the on-chain compliance, composability, and scalability of real-world assets.