$5.7 Trillion Asset Giant UBS Unveils Ethereum-Powered Money Market Fund

$5.7 Trillion Asset Giant UBS Unveils Ethereum-Powered Money Market Fund

UBS has introduced a tokenized money market fund built on the Ethereum blockchain, signaling a significant step towards embracing digital assets in traditional finance. As the $5.7 trillion firm joins a growing list of institutional players adopting tokenized solutions, this move highlights the increasing acceptance of decentralized technology. UBS Asset Management, a large-scale investment manager [...]

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