According to Odaily, BBVA Asset Management (AM) has initiated a pilot project aimed at integrating blockchain technology into asset management. This move aligns with the company's strategy to leverage innovation for the benefit of its clients. To ensure the project's success, BBVA AM has registered a short-term fixed-income 'tokenized' investment fund, BBVA Token Renta Fija Corto Plazo, with the regulatory sandbox of the Spanish National Securities Market Commission (CNMV). For fund shareholders, investing in this fund will be similar to investing in traditional funds, with the key difference being that subscription and redemption orders will be managed and recorded via blockchain, without affecting the investor experience.