UBS Asset Management’s global distributed ledger technology strategy is focused on leveraging public and private blockchain networks for enhanced fund issuance and distribution.
UBS Asset Management has announced the launch of its first tokenised investment fund, UBS USD Money Market Investment Fund Token (uMINT), in a release on Nov 1.
The fund is a money market investment built on Ethereum distributed ledger technology. Token-holders will be able access UBS Asset Management’s institutional grade cash management solutions.
