UBS launches the first tokenized investment fund on Ethereum! 🚀
- UBS Asset Management has introduced the "UBS USD Money Market Investment Fund Token" (uMINT) based on Ethereum.
- Tokenization allows traditional assets to be converted into digital tokens, simplifying their management and trading.
- Investors in uMINT will gain access to institutional assets with low risk.
Other major financial players are also exploring tokenization. Franklin Templeton has added support for Coinbase’s Base blockchain, while Wellington Management is collaborating with Ondo Finance to enhance liquidity.
💬 Share your thoughts in the comments! What do you think, is the future in tokenization?