BNB, the native token of the BNB Chain, rose 1.4% in the last 24-hour period, despite sharp swings that saw its price move through a 7% range during a high-volume session, according to CoinDesk Research's technical analysis data model. The gain comes amid a risk-asset rally that saw bitcoin rise 2.6% in the last 24 hours, while the wider crypto market moved up 2.5% based on the CoinDesk 20 (CD20) index after U.S. President Donald Trump softened his stance on tariffs and amid signs the Federal Reserve may ...

Core Insights - The native token of the BNB Chain, BNB, experienced a price increase of over 3% in the last 24 hours, driven by institutional momentum and strategic selling [1] - BNB's price rose from $1,056 to $1,087, reaching a peak of $1,131 before a slight pullback, outperforming the broader crypto market which rose by 2.43% [1] - Trading volume surged to 204,000 tokens, nearly three times the daily average, indicating strong market participation [2] Adoption and Developments - Coinbase has added BNB to its list of assets for potential full platform support as part of its new "Blue Carpet" initiative [2] - China Merchants Bank International (CMBI) has tokenized its USD money market fund on the BNB Chain, issuing two tokens for accredited investors [3] - BNB Chain achieved a milestone with over 3.6 million daily active addresses, the highest in its history [3] Corporate Activity - Corporate accumulation is on the rise, with China Renaissance planning a $600 million investment to build a BNB-focused treasury [4] - Despite recent gains, BNB remains 17% below its all-time high of $1,370, with notable volatility reflected in a $79 intraday spread range [4]

Onchain Finance Adoption - Institutional finance is increasingly adopting onchain solutions, choosing BNB Chain as a platform [1] - CMB International, a subsidiary of China Merchants Bank, has launched its $3.8 billion Money Market Fund on BNB Chain [1] Tokenization - The $3.8 billion Money Market Fund is represented by the CMBMINT and CMBIMINT tokens [1] Industry Implication - This move signifies the growing importance of blockchain technology in traditional finance [1]

CMB International (CMBIAM), a subsidiary of China Merchants Bank, has launched its $3.8 billion USD Money Market Fund on BNB Chain . The fund is now represented by the CMBMINT and CMBIMINT tokens, with the initiative supported by distribution partner DigiFT and technology services provider OnChain. The fund was ranked #1 among its Asia-Pacific peers by Bloomberg as of October 2025 and primarily invests in USD-denominated short-term deposits and high-quality money market instruments. Since its start in 2 ...

招商+BNBBNB Chain (@BNBCHAIN):CMB International, a subsidiary of China Merchants Bank, has launched its $3.8B Money Market Fund on BNB Chain, represented by the CMBMINT and CMBIMINT tokens.Here’s why this matters 🧵👇 https://t.co/Cqw7uoqsX0 ...

Industry Significance - A leading Asian asset manager, CMB International, has tokenized its HK–Singapore Mutual Recognition Fund on Solana as CMBMINT [1] - This marks the first global public fund on the Solana blockchain, holding significant importance in the Asian financial market [1] - The event signifies the emergence of internet capital markets on Solana [1] Collaboration - The tokenization was supported by DigiFT and OnChain [1]

Key Highlights - CMB International, a leading Asian asset manager, has tokenized its HK–Singapore Mutual Recognition Fund on Solana as CMBMINT [1] - This marks the first Solana-based public fund globally, holding significant importance in the Asian financial market [1] - The fund was tokenized with the support of DigiFT and OnChain [1] Industry Significance - The tokenization of the fund signifies the emergence of internet capital markets on Solana [1]