UBS Asset Management launches a tokenized USD Money Market Investment Fund ...Middle East

News from late last week that UBS Asset Management has debuted a USD Money Market Investment Fund Token&]:mt-2 list-disc space-y-2 pl-8" depth="0">Represents latest move into blockchain-based financial productsPart of broader UBS Tokenize initiativeFollows successful digital bond repo transaction in November 2023More:&]:mt-2 list-disc space-y-2 pl-8" depth="0">Fund built on Ethereum blockchain technologyBuilds on UBS's prior tokenization projects including CNH200M digital structured notesUBS previously piloted tokenized VCC fund with Singapore's MAS Project Guardian---Fund tokenization involves using blockchain-based digital tokens to represent fund ownership, much like transfer agents curre

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