UBS Asset Management has launched its first tokenized money market fund, the “UBS USD Money Market Investment Fund Token” (uMINT), on the Ethereum blockchain. This fund gives investors access to digital asset management tools via select partners, leveraging blockchain for enhanced efficiency and transparency. UBS developed uMINT in response to growing demand for tokenized assets. *UBS had 5.71 trillion AUM in 2023 Source: Coinspeaker
