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UBS Introduces Ethereum-Based Tokenized Money Market Fund

  • UBS, the world’s largest private bank, has launched uMINT, a tokenized money market fund on the Ethereum blockchain.
  • The fund focuses on high-quality money market instruments in a low-risk framework.
  • Tokenization of traditional assets on Ethereum is growing, with over $3 billion in assets tokenized on the network.
  • This move towards tokenization could democratize investment and bridge traditional and digital finance.

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