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Alexander
@miraiiween
UBS launches first tokenized investment fund, uMINT, based on Ethereum. The world's largest private bank, UBS, today announced the launch of uMINT, or "UBS USD Money Market Investment Fund Token", a tokenized investment fund on the Ethereum blockchain. The main function of asset tokenization is to provide liquidity. UBS plans to launch uMINT in Singapore. UBS Asset Management Asia Pacific co-head Thomas Kegy said: “We are seeing growing investor demand for tokenized financial assets across all asset classes. Leveraging UBS's global capabilities and
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