According to BlockBeats, Solana has announced that a leading asset management company in Asia, CMB International, has successfully launched its flagship fund on the Solana blockchain. This marks the first public fund on Solana globally and holds significant importance in Asia's financial markets.
The token product issued is available to qualified investors in Singapore and is deployed through the DigiFT platform on Solana, Ethereum, Arbitrum, and Plume public blockchains. It supports both fiat and stablecoin transactions and allows real-time redemption through smart contracts.