{
Katherine Dowling

People

}
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ubs asset management launches first tokenized money market fund with digift

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.
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Monetary Authority of Singapore UBS AG SGP CHE Katherine Dowling Henry Zhang
Crypto, Press Release
02:25 03.11.2024
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