UBS Asset Management has recently launched uMINT, a money market investment fund built on ethereum distributed ledger technology.
This innovative solution, offered in response to increasing investor demand for tokenized financial assets, will provide clients with access to UBS’s institutional grade cash management solutions.
Co-head of UBS Asset Management Apac, Thomas Kaegi, expressed excitement about this new development and emphasized the importance of collaboration with peers and regulators in creating such solutions.
Token holders will benefit from a conservative and risk-managed framework, with the fund being available through authorized distribution partners.
