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Tokenized UBS Fund Opens for Subscription on 21X

  • Europe’s first fully regulated DLT trading and settlement system, 21X, opens its primary market phase with the listing of the US Money-Black Manta USD Short Term Yield (USMO) tokenized note on the UBS Money Market Fund.
  • Black Manta Capital Partners and SBI Digital Markets collaborate on the securitization, issuance, and distribution of the tokenized note through 21X's regulated market infrastructure.
  • Professional investors can now invest in tokenized securities using stablecoins as payment directly from their wallets, marking a significant milestone for 21X.
  • The tokenization of real-world assets, like tokenized money market funds, aims to provide secure European-regulated infrastructure and expand the global distribution network by connecting with Asian capital markets.

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