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Crypto Desk

BNP Paribas issues tokenized shares on Ethereum via AssetFoundry

BNP Paribas issues tokenized shares on Ethereum via AssetFoundry

BNP Paribas has issued tokenized shares on the Ethereum blockchain through its AssetFoundry™ platform, utilizing a permissioned model aimed at institutional investors. This initiative builds on the bank’s previous work with SWIFT for onchain interoperability and collaborations with Allfunds for blockchain-based fund distribution, highlighting a broader trend among European banks toward adopting permissioned models for real-world asset tokenization on Ethereum.

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