{
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ubs launches tokenized fund on ethereum amid rising investor interest

UBS has launched the "UBS USD Money Market Investment Fund Token" (uMINT) on the Ethereum blockchain, responding to rising investor interest in tokenized financial assets. This move positions ETH at the core of traditional finance, with experts predicting a significant impact on Ether's value. The fund offers institutional-grade liquidity management and follows a successful pilot test conducted by UBS last year.
Cointelegraph
United States Dollar Franklin Templeton Aggressive Model Portfolio FUND Union Bank of Switzerland BlackRock, Inc. Coinbase Global, Inc. CHE USA Thomas Kaegi Tony Edward Mario Nawfal Show more
Crypto, Market Report
19:30 02.11.2024
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