KuCoin Becomes First Global Exchange To Support UBS UMINT Token
4 Articles
4 Articles
KuCoin Supports UBS uMINT Collateral Support to Boost Liquidity for Tokenized Assets – MAXBIT
The partnership with DigiFT is a step forward for KuCoin’s goal of advancing the RWA tokenization market and allowing institutional customers access to regulated tokenized funds. Leading centralized crypto exchange KuCoin announced a partnership with DigiFT, a leading licensed platform for tokenized real-world assets (RWAs), to support the UBS uMINT token. uMINT is the first...
KuCoin Becomes First Exchange to Support UBS uMINT Tokens - Crypto Economy
TL;DR KuCoin added support for the UBS uMINT token, which represents a tokenized money market fund issued by UBS Asset Management. The integration allows institutional investors to use their tokens as off-exchange collateral to trade digital assets, thanks to DigiFT. KuCoin mirrors real asset holdings in stablecoins to enhance liquidity and reduce risks, enabling efficient and secure operations. KuCoin integrated support for the UBS uMINT token…
KuCoin Supports UBS uMINT Collateral Support to Boost Liquidity for Tokenized Assets
The partnership with DigiFT is a step forward for KuCoin’s goal of advancing the RWA tokenization market and allowing institutional customers access to regulated tokenized funds. Leading centralized crypto exchange KuCoin announced a partnership with DigiFT, a leading licensed platform for tokenized real-world assets (RWAs), to support the UBS uMINT token. uMINT is the first […]
KuCoin Becomes First Global Exchange To Support UBS UMINT Token
KuCoin, the global crypto exchange, announced today that it will support UBS uMINT, the token tied to UBS Asset Management’s first tokenized money market investment fund and distributed via DigiFT. This makes KuCoin the first global exchange to accept UBS uMINT as off-exchange collateral, opening a new way for institutional tokenholders to use tokenized funds to trade digital assets more efficiently. What this actually does is practical: institu…
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