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SBI Digital Markets and UBS have launched tokenized money market funds under Singapore's Project Guardian, a blockchain initiative by the Monetary Authority of Singapore. The UBS USD Money Market Investment Fund Token is issued on a public blockchain but is accessible only to accredited investors through authorized partners like DigiFT. Meanwhile, the city of Lugano in Switzerland has issued a CHF 120 million digital bond, continuing its strategy of optimizing debt management through digital finance, although these bonds remain limited to commercial banks.
UBS Asset Management has launched its first tokenized investment fund in Singapore, the UBS USD Money Market Investment Fund Token (uMINT), utilizing Ethereum's distributed ledger technology. This initiative aligns with UBS's strategy to enhance fund issuance and distribution through blockchain networks. Thomas Kaegi, Co-Head of UBS Asset Management APAC, noted the increasing investor interest in tokenized financial assets, emphasizing the firm's commitment to innovation in collaboration with industry peers and regulators.
UBS Asset Management has launched its first tokenised investment fund, the UBS USD Money Market Investment Fund Token (uMINT), accessible through its institutional-grade cash management solutions. This initiative reflects the growing demand for tokenised financial assets, supported by UBS's global capabilities and collaboration with regulators. Additionally, UBS is actively involved in blockchain technology, having recently piloted a tokenised Variable Capital Company fund and completed a cross-border transaction with a digital bond on a public blockchain.
UBS has launched the first-ever tokenized money market fund, the "UBS USD Money Market Investment Fund Token" (uMINT), on the Ethereum blockchain, catering to rising investor interest in tokenized assets. This initiative aligns with UBS's Distributed Ledger Technology strategy and reflects a broader trend among major banks, including Goldman Sachs and Deutsche Bank, to embrace tokenization in finance. As tokenization gains traction, Ethereum's dominance in real-world asset (RWA) tokenization, valued at $3 billion, positions it as a key player in the evolving financial landscape.
UBS has launched uMINT, its first tokenized money market investment fund on the Ethereum blockchain, providing investors with access to secure money market instruments. This move reflects a growing demand for tokenized assets, positioning UBS alongside industry leaders like BlackRock and Franklin Templeton in transforming traditional finance. By leveraging blockchain technology, UBS aims to enhance liquidity and transparency in investment management, potentially reshaping the financial landscape.
UBS has launched the uMINT fund, a tokenized investment vehicle built on Ethereum, aimed at providing access to institutional-grade cash management solutions. This move reflects the growing investor interest in tokenized funds, with UBS joining firms like BlackRock and Franklin Templeton in the space. Notably, Securitize recently surpassed $1 billion in tokenized real-world assets, highlighting the momentum in this sector.
UBS has launched uMINT, its first tokenized money market investment fund on the Ethereum blockchain, providing investors with access to secure money market instruments. This initiative reflects a growing demand for tokenized assets, positioning UBS alongside industry leaders like BlackRock and Franklin Templeton in transforming traditional finance. By leveraging blockchain technology, UBS aims to enhance liquidity and transparency in investment management, paving the way for broader adoption of decentralized finance solutions.
UBS has launched its first tokenized money market fund, the uMINT, on the Ethereum blockchain, responding to rising investor demand for tokenized assets. This initiative aligns with UBS's broader strategy in digital asset management and reflects a growing trend among major banks like Goldman Sachs and Deutsche Bank to explore tokenization in finance. As tokenization gains traction, Ethereum solidifies its position as a leader in the real-world asset sector, with a current market value of $3 billion.
UBS Asset Management has launched the UBS USD Money Market Investment Fund Token (uMINT), a tokenized money market fund utilizing Ethereum's blockchain technology. This initiative aims to meet the growing demand for tokenized financial assets, providing clients with access to institutional-grade cash management services within a risk-managed framework. The launch aligns with UBS's broader strategy to enhance fund issuance and distribution through blockchain, as evidenced by its participation in Project Guardian and the development of UBS Tokenize, which focuses on tokenizing various financial products.
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.
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