ENXTPA:BNPBanks
BNP Paribas Tests Ethereum Tokenised Fund As Shares Flagged Undervalued
BNP Paribas Asset Management has issued a tokenised share class of a French money market fund on the Ethereum public blockchain.
This is the firm’s second tokenisation trial and reflects growing use of blockchain in regulated fund structures.
The new share class uses Ethereum while aiming to remain aligned with existing regulatory requirements.
For investors watching ENXTPA:BNP, this move sits at the crossroads of traditional fund management and digital assets. BNP Paribas runs a broad...