Asia-Pacific digital market infrastructure operator Marketnode is collaborating with Maybank Asset Management Singapore to bring its money market fund on chain – marking, the companies say, “a significant step in enhancing the accessibility, utility and transferability of such funds as the financial industry explores the promise of tokenization”.

BNP Paribas’ Securities Services business will serve as the transfer agent, it says, “underscoring how tokenization can seamlessly integrate into existing capital markets infrastructure”.

Marketnode’s modular platform, Gateway, will provide the core tokenization architecture to enable greater efficiency, transparency and connectivity across the investment value chain.

The platform supports both Ethereum Virtual Machine ( EVM ) and non-EVM networks with recent integrations, including Solana, Stellar and XRP Ledger.

Looking ahead, the partnership, the companies note, will expand tokenization capabilities across additional fund portfolios and explore new collateral use cases to meet the efficiency and flexibility requirements for a capital future that is on chain.

“This partnership underscores the power of collaboration across the financial ecosystem,” says Andrew Scott, Marketnode’s head of digital assets. “As tokenization accelerates from concept to reality, the industry’s infrastructure must evolve just as boldly. By bridging infrastructural gaps and uniting expertise across our partners, we are defining what the next generation of trusted, interoperable markets can look like in Asia.”

Ivan Won, Maybank Asset Management Singapore’s head of product and marketing, adds: “This partnership reflects our desire to leverage on technology as we venture into a tokenized future – one that the Singapore financial industry is rapidly embracing.”