UBS Launches Ethereum-Based Tokenized Investment Fund uMINT

Quick Summary:

Furthermore, UBS led the way in blockchain innovation by introducing fully digital structured notes worth CNH 200 million for a third-party issuer in June 2023.

In this evolving digital finance landscape, emerging projects like Rexas Finance are also making waves alongside established players like UBS.

In November 2023, UBS completed the first ever cross-border repurchase deal utilizing a digital bond issued locally, which was entirely settled on a public blockchain.

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Article Details

Author / Journalist: Jane Lubale

Category: Crypto

Markets: IndiaSingaporeSwitzerland

Topics: Ethereum Rexas Finance Tokenized Assets 24/7 Cryptocurrency News UBS Asset Management

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-02 @ 08:42:46 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 486 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23369150

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 8 hours ago

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