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 […]
Singapore-based digital asset exchange DigiFT has announced a collaboration with Chainlink to leverage its Cross-Chain Interoperability Protocol (CCIP) and Proof of Reserve solution. This partnership aims to increase the reach and transparency of DigiFT’s tokenized money market funds by expanding access across multiple blockchain networks and enabling enhanced verification for asset-backed tokens. DigiFT, which operates […]
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 […]
