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 […]
Original story published by Coindesk. State Street, the Boston-based banking and asset management giant, is moving forward with plans to tokenize bonds and money market funds as part of its digital asset strategy. However, the company has no immediate plans to issue a stablecoin or develop tokenized deposits, according to Donna Milrod, State Street’s Chief […]
BBVA has announced the integration of USD Coin (USDC), a leading stablecoin pegged to the U.S. dollar, into its cryptocurrency custody and trading services in Switzerland. This move aims to enhance the bank’s digital asset offerings for institutional clients, providing them with faster and more efficient trading options through blockchain technology. USDC, launched by Circle […]
