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ubs launches tokenized fund on ethereum amid growing 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 initiative integrates ETH into traditional finance, with UBS offering institutional-grade cash management solutions. The move follows a successful pilot and aligns with a broader trend of financial institutions adopting blockchain technology for tokenized funds.
Cointelegraph
United States Dollar Franklin Templeton Aggressive Model Portfolio FUND UBS AG BlackRock, Inc. Coinbase Global, Inc. CHE USA Tony Edward Bryan Feng Thomas Kaegi Mario Nawfal Show more
Crypto, News Article
03:13 02.11.2024
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