UBS Asset Management has unveiled a new digital investment vehicle, the “UBS USD Money Market Investment Fund Token” (uMINT). Designed as a tokenized money market fund, uMINT utilizes Ethereum’s distributed ledger technology, marking another step in UBS’s commitment to integrating blockchain solutions in asset management. The launch is intended to cater to the increasing demand […]
Franklin Templeton – one of the world’s largest global investment managers – has received approval from Luxembourg regulator Commission de Surveillance du Secteur Financier (CSSF) to launch the first fully tokenized UCITS (Undertakings for Collective Investment in Transferable Securities) fund of its kind in Luxembourg. Shares in the fund will be issued using Franklin’s proprietary […]
Private equity firm Aurum Equity Partners has introduced a $1 billion fund that leverages tokenization to integrate both equity and debt instruments for data center investments across the United States, UAE, Saudi Arabia, India, and Europe. The fund, supported by the XRP Ledger (XRPL), uses blockchain technology to bring new operational efficiencies, improved liquidity, and […]