Launched as part of the Monetary Authority of Singapore’s (MAS) Project Guardian, new pilot demonstrates how financial institutions can leverage existing Swift infrastructure to facilitate off-chain cash settlements for tokenized funds. Swift, UBS Asset Management, and Chainlink have completed a pilot for settling tokenized fund subscriptions and redemptions using the Swift network. This initiative would enable digital asset […]
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 […]
Earlier this month, Digital Assets Week London hosted a very insightful panel titled The Future of Securities Servicing: Custody and Tokenization. The panel, moderated by Graeme Moore, Co-Founder & Head of Tokenization at Polymesh Association, includes representatives from Zodia Custody, Taurus, BNP Paribas and Ripple. Expanding on the future challenges and potential of tokenization on […]
