UBS Launches First Tokenized Money Market Fund in Singapore

Quick Summary:

UBS Asset Management is making waves in the digital finance world by launching its first-ever tokenized money market fund, the UBS USD Money Market Investment Fund Token (uMINT), starting in Singapore.

As the first of its kind for UBS, uMINT stands to attract attention and signals a new era for the firm in the evolving landscape of investment management.

This showcasing its dedication to embracing digital innovations in finance.

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Article Details

Author / Journalist: Sarala

Category: Crypto

Markets: United Arab EmiratesSingapore

Topics: ETHEREUM UBS Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 13:17:15 (19 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 187 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 10 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 23366428

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 28 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 15 hours ago

Coverage Areas: United Arab Emirates

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Publisher ID: #125

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