Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin wallet Creation raises 6 months, but traders sit back: why?

2025-06-05

VerifiedX launches safe accounts – Setting a new standard for Bitcoin security

2025-06-05

Railgun Crypto pumps 30% after the transaction of Vitalik Buterin – What is waiting for us?

2025-06-05
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Maskdao acquires Orb.Club, which unlocks virality in the chain to stimulate the creator economy

    2025-06-05

    $ 650 million bridged to Solana in May, with $ 400 million contributing to Ethereum

    2025-06-05

    SFT protocol works together with Manuspay to stimulate the Echt-Wold Depin Utility in Web3 payments

    2025-06-05

    New Solana -Tool repairs the KYC bottleneck

    2025-06-05

    Consensys acquires Web3Auth to reinvent Metamask onboarding

    2025-06-04
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Hong Kong Reading to legalize Bitcoin and Crypto derivatives in PURT to Web3 leadership

    2025-06-05

    US-based ETFs that set for growth, despite some regulatory, macro-tailwinds

    2025-06-04

    NYSE ARCA submits to mention Truth Social’s Spot Bitcoin ETF

    2025-06-03

    Donald Trump Jr. says that family came in crypto after he was degraded, realizing the financial system was ‘Pyramid Scheme’

    2025-06-03

    Dubai Crypto ambitions rise with Solana and Ripple Moves

    2025-06-03
  • Analysis

    Here are the two most important graphs in the entire macro, according to the former Goldman Sachs director Raoul Pal

    2025-06-05

    Price slips further, investors on Edge

    2025-06-05

    XRPL is confronted

    2025-06-05

    Analyst says that the Solana-based memecoin institution phase for ‘full parabola’ predicts new of all time for one active

    2025-06-05

    Bitcoin price slips again, which activates new fears for a deeper correction

    2025-06-05
  • Learn

    What Are Liquidity Pools? A Beginner’s Guide

    2025-06-05

    What Is Yield Farming and How Does It Work?

    2025-06-02

    What Is Asset Tokenization? How It Works and Why It’s Important

    2025-05-30

    What Is DeFi 2.0 and Why It Matters

    2025-05-27

    Crypto Margin Trading: How It Works and How to Manage the Risks

    2025-05-26
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»UBS launches its first tokenized fund on the Ethereum blockchain
Blockchain

UBS launches its first tokenized fund on the Ethereum blockchain

2024-11-03No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

UBS Asset Management, a subsidiary of Zurich-based investment bank UBS, has launched its inaugural tokenized fund on the Ethereum blockchain, aiming to expand access for its clients.

According to a November 1 statement, the new product – the “UBS USD Money Market Investment Fund Token” or “uMINT” – offers customers an innovative investment solution.

Token holders gain access to UBS Asset Management’s institutional cash management strategy, which uses high-quality money market instruments within a conservative, risk-managed framework.

Thomas Kaegi, co-head of UBS Asset Management, emphasized that the launch is in line with increasing investor interest in tokenized assets. He noted:

“We have seen growing investor interest in tokenized financial assets across all asset classes. By leveraging our global capabilities and working with colleagues and regulators, we can now offer customers an innovative solution.”

This launch also supports UBS’ broader “UBS Tokenize” initiative, which began in June 2023 with the creation of fully digitally structured notes worth CNH 200 million for a third-party issuer. In November, UBS had executed the first-ever cross-border buyback transaction using a natively issued digital bond on a public blockchain.

UBS Asset Management said these efforts reflect its continued commitment to both public and private blockchain networks, which can expand offerings such as the issuance and distribution of funds, creating more streamlined and accessible financial products.

As of the fourth quarter of 2023, UBS managed $5.7 trillion in invested assets for its clients. The company is active in more than 50 markets worldwide.

Rapid growth

Tokenization, which represents traditional assets such as the U.S. Treasury-backed money market funds on blockchain networks, has gained significant traction over the past year among established financial firms, including BlackRock.

See also  Gravity Alpha Mainnet sees a big TVL increase

The U.S. Treasury Department in particular has recognized tokenization’s potential to reshape markets, noting that it could increase efficiency, broaden investor access, and increase transparency in the government bond market.

Source link

Blockchain Ethereum Fund Launches tokenized UBS
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

VerifiedX launches safe accounts – Setting a new standard for Bitcoin security

2025-06-05

Maskdao acquires Orb.Club, which unlocks virality in the chain to stimulate the creator economy

2025-06-05

Ethereum reflects Bitcoin 2020 Breakout Setup – Historic Run Income?

2025-06-05

$ 650 million bridged to Solana in May, with $ 400 million contributing to Ethereum

2025-06-05
Add A Comment

Comments are closed.

Top Posts

OKX NFT Marketplace braves cold NFT winter, records rapid growth in transaction volume

2023-08-22

BRC-20 new development is exciting, but BTC remains sluggish as..

2023-06-03

Textile, 3box laboratories merge in decentralized data context for AI agents

2025-02-07
Editors Picks

Polygon PoS welcomes native USDC

2024-03-19

Crypto Expert Says Cardano Rivals XRP Community, But Why Is ADA Price Struggling?

2024-01-03

Upcoming optimism unlocks threatens to drag OP below $1

2023-09-26

Bitcoin Flash Crash Wipes Out 81,000 Crypto Traders for Over $220 Million

2024-04-02

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin wallet Creation raises 6 months, but traders sit back: why?

VerifiedX launches safe accounts – Setting a new standard for Bitcoin security

Railgun Crypto pumps 30% after the transaction of Vitalik Buterin – What is waiting for us?

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$102,865.47-2.06%
  • ethereumEthereum(ETH)$2,571.37-2.22%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.16-3.10%
  • binancecoinBNB(BNB)$649.64-2.75%
  • solanaSolana(SOL)$149.26-4.22%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.178463-6.43%
  • tronTRON(TRX)$0.272893-0.33%
  • cardanoCardano(ADA)$0.66-2.56%
  • hyperliquidHyperliquid(HYPE)$34.09-6.20%
  • suiSui(SUI)$3.06-4.94%
  • chainlinkChainlink(LINK)$13.54-3.13%
  • avalanche-2Avalanche(AVAX)$19.68-5.59%
  • stellarStellar(XLM)$0.261866-2.46%
  • unus-sed-leoUNUS SED LEO(LEO)$8.68-3.34%
  • bitcoin-cashBitcoin Cash(BCH)$399.87-1.89%
  • the-open-networkToncoin(TON)$3.200.57%
  • shiba-inuShiba Inu(SHIB)$0.000013-3.17%
  • hedera-hashgraphHedera(HBAR)$0.164903-2.44%
  • litecoinLitecoin(LTC)$86.77-2.76%
  • polkadotPolkadot(DOT)$3.97-2.35%
  • ethena-usdeEthena USDe(USDE)$1.00-0.04%
  • moneroMonero(XMR)$316.56-0.03%
  • daiDai(DAI)$1.000.00%
  • bitget-tokenBitget Token(BGB)$4.58-4.21%
  • pepePepe(PEPE)$0.000011-7.21%
  • piPi(PI)$0.62-5.41%
  • uniswapUniswap(UNI)$6.20-2.79%
  • aaveAave(AAVE)$254.92-4.19%
  • bittensorBittensor(TAO)$363.88-6.44%
  • okbOKB(OKB)$50.200.50%
  • aptosAptos(APT)$4.72-3.59%
  • crypto-com-chainCronos(CRO)$0.099694-1.46%
  • nearNEAR Protocol(NEAR)$2.38-5.26%
  • internet-computerInternet Computer(ICP)$5.04-4.65%
  • ethereum-classicEthereum Classic(ETC)$16.93-3.01%
  • ondo-financeOndo(ONDO)$0.81-4.15%
  • gatechain-tokenGateToken(GT)$18.56-3.38%
  • mantleMantle(MNT)$0.65-3.55%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • kaspaKaspa(KAS)$0.082927-4.08%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.207546-4.31%
  • official-trumpOFFICIAL TRUMP(TRUMP)$10.10-7.95%
  • vechainVeChain(VET)$0.023391-3.56%
  • render-tokenRender(RENDER)$3.68-4.35%
  • ethenaEthena(ENA)$0.308481-6.79%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.75-7.20%
  • worldcoin-wldWorldcoin(WLD)$1.08-6.87%
  • filecoinFilecoin(FIL)$2.48-5.35%
  • bitcoinBitcoin(BTC)$102,865.47-2.06%
  • ethereumEthereum(ETH)$2,571.37-2.22%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.16-3.10%
  • binancecoinBNB(BNB)$649.64-2.75%
  • solanaSolana(SOL)$149.26-4.22%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.178463-6.43%
  • tronTRON(TRX)$0.272893-0.33%
  • cardanoCardano(ADA)$0.66-2.56%
  • hyperliquidHyperliquid(HYPE)$34.09-6.20%
  • suiSui(SUI)$3.06-4.94%
  • chainlinkChainlink(LINK)$13.54-3.13%
  • avalanche-2Avalanche(AVAX)$19.68-5.59%
  • stellarStellar(XLM)$0.261866-2.46%
  • unus-sed-leoUNUS SED LEO(LEO)$8.68-3.34%
  • bitcoin-cashBitcoin Cash(BCH)$399.87-1.89%
  • the-open-networkToncoin(TON)$3.200.57%
  • shiba-inuShiba Inu(SHIB)$0.000013-3.17%
  • hedera-hashgraphHedera(HBAR)$0.164903-2.44%
  • litecoinLitecoin(LTC)$86.77-2.76%
  • polkadotPolkadot(DOT)$3.97-2.35%
  • ethena-usdeEthena USDe(USDE)$1.00-0.04%
  • moneroMonero(XMR)$316.56-0.03%
  • daiDai(DAI)$1.000.00%
  • bitget-tokenBitget Token(BGB)$4.58-4.21%
  • pepePepe(PEPE)$0.000011-7.21%
  • piPi(PI)$0.62-5.41%
  • uniswapUniswap(UNI)$6.20-2.79%
  • aaveAave(AAVE)$254.92-4.19%
  • bittensorBittensor(TAO)$363.88-6.44%
  • okbOKB(OKB)$50.200.50%
  • aptosAptos(APT)$4.72-3.59%
  • crypto-com-chainCronos(CRO)$0.099694-1.46%
  • nearNEAR Protocol(NEAR)$2.38-5.26%
  • internet-computerInternet Computer(ICP)$5.04-4.65%
  • ethereum-classicEthereum Classic(ETC)$16.93-3.01%
  • ondo-financeOndo(ONDO)$0.81-4.15%
  • gatechain-tokenGateToken(GT)$18.56-3.38%
  • mantleMantle(MNT)$0.65-3.55%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • kaspaKaspa(KAS)$0.082927-4.08%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.207546-4.31%
  • official-trumpOFFICIAL TRUMP(TRUMP)$10.10-7.95%
  • vechainVeChain(VET)$0.023391-3.56%
  • render-tokenRender(RENDER)$3.68-4.35%
  • ethenaEthena(ENA)$0.308481-6.79%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.75-7.20%
  • worldcoin-wldWorldcoin(WLD)$1.08-6.87%
  • filecoinFilecoin(FIL)$2.48-5.35%