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A French-Indonesian initiative aims to accelerate the closure of coal plants, highlighting the potential for private finance to play a crucial role in reducing emissions. The Coal Transition Commission advocates for relaxed sustainability criteria and innovative financing solutions, including blended finance and carbon credits, to support this transition. However, skepticism remains regarding the effectiveness of carbon markets and certain technologies proposed for emissions reduction.
UBS Asset Management has launched an Ethereum-based tokenized money market fund, reflecting a growing interest in digital assets. This initiative is part of UBS's broader strategy to integrate blockchain technology into financial services, enhancing accessibility and efficiency.Additionally, UBS is actively involved in Project Guardian, exploring tokenized assets within regulatory frameworks, and has completed the world's first cross-border repurchase transaction using a digital bond on a public blockchain, showcasing its commitment to financial innovation.
UBS has launched the uMINT, a digital money market fund on Ethereum, designed for conservative investors seeking low-risk, short-term investments. This fund leverages blockchain technology for secure, transparent transactions, reflecting UBS's commitment to integrating digital services in finance. The initiative aligns with UBS's broader exploration of blockchain, including recent projects in Singapore and cross-border digital bond transactions.
UBS Asset Management has launched its first tokenised investment fund, the UBS USD Money Market Investment Fund Token (uMINT), utilizing Ethereum’s distributed ledger technology. This fund offers access to institutional-grade cash management solutions and is designed to enhance transparency and efficiency in investment products.The launch is part of UBS's strategy to integrate distributed ledger technology in fund issuance and distribution, reflecting a growing investor interest in tokenised financial assets. The firm has also been involved in initiatives like the Monetary Authority of Singapore’s Project Guardian, further solidifying its expertise in digital assets and tokenisation services.
UBS Asset Management has launched its first tokenized money market investment fund, "uMINT," in partnership with DigiFT, allowing investors to subscribe using various custodial solutions. The fund utilizes Ethereum blockchain technology and offers real-time redemption capabilities, enhancing operational efficiency through smart contracts. DigiFT, recognized by the Monetary Authority of Singapore, provides the infrastructure for managing on-chain transactions, bridging traditional finance with decentralized technologies.
UBS Asset Management has launched its first tokenized Money Market Fund, "uMINT," in partnership with DigiFT. This fund allows investors to subscribe using their preferred custody wallet and offers real-time redemption capabilities, leveraging Ethereum's blockchain technology for enhanced transparency and efficiency. DigiFT, recognized as a licensed exchange by the Monetary Authority of Singapore, will manage on-chain distribution and compliance through smart contracts, bridging traditional finance with decentralized technologies.
UBS Asset Management has launched its first tokenized investment fund, the "UBS USD Money Market Investment Fund Token," utilizing Ethereum's distributed ledger technology. This initiative reflects the growing demand for tokenized financial assets and is part of UBS's broader blockchain efforts, including a pilot tokenized Variable Capital Company fund in collaboration with Singapore's Monetary Authority.
UBS Asset Management has launched its first tokenized investment fund, the UBS USD Money Market Investment Fund Token, utilizing Ethereum blockchain technology. This move reflects a growing investor interest in tokenized financial assets, with projections suggesting that assets under management in such funds could reach $600 billion by 2030. The firm is expanding its tokenization services, having previously piloted a tokenized Variable Capital Company fund and completed a cross-border transaction with a digital bond on a public blockchain.
UBS Asset Management has launched its first tokenized Money Market Fund, uMINT, in partnership with DigiFT. This fund allows investors to subscribe using their preferred custody wallets and offers real-time redemption capabilities, leveraging Ethereum's blockchain technology for enhanced transparency and efficiency.DigiFT will manage on-chain distribution and transactions, utilizing smart contracts to streamline compliance and operational processes. This collaboration marks a significant step in bridging traditional finance with decentralized technologies, catering to a new generation of investors.
UBS Asset Management has launched its first tokenized Money Market Fund in partnership with DigiFT, which will provide the infrastructure for managing on-chain distribution and transactions. Utilizing blockchain technology, DigiFT ensures all transactions are recorded on an immutable ledger, enhancing operational visibility and compliance through smart contracts. Recognized as a Market Operator by the Monetary Authority of Singapore, DigiFT is pioneering the use of automated market-making mechanisms in this space.
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