Key facts: BNP Paribas launches tokenized share class for fund; pilot tests issuance and transfer
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BNP Paribas Asset Management has introduced a tokenized share class for a French money market fund, using the Ethereum network and public blockchain via its AssetFoundry platform.1BNP Paribas Asset Management ran a tokenization pilot to test new processes for issuance and transfer, with BNP Paribas Securities Services as the transfer agent.2
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