UBS Asset Management has launched its first tokenized money market fund, "uMINT," in partnership with DigiFT, allowing investors to subscribe using preferred custodial solutions and access real-time redemptions. This fund, backed by high-quality money market instruments, utilizes Ethereum"s distributed ledger technology and is part of UBS"s tokenization service aimed at bridging traditional finance with decentralized technologies. DigiFT will manage on-chain distribution and transactions, enhancing operational efficiency and compliance through blockchain capabilities.