The Union Bank of Switzerland (UBS) has introduced a new digital finance advancement by releasing the “UBS USD Money Market Investment Fund Token” (uMINT), a money market fund developed on the Ethereum blockchain. According to a Nov. 1 statement, the
UBS deepens its crypto strategy with a new tokenized fund, following digital bond transactions and structured note issuances. The post UBS launches tokenized treasury fund on Ethereum appeared first on Crypto Briefing.
The fund joins Blackrock's BUIDL and Franklin Templeton's FOBXX as examples of Ethereum-based real world asset tokenization funds.
Franklin Templeton, a major asset management firm, has launched its OnChain U.S. Government Money Market Fund on Coinbase’s layer-2 blockchain, Base. This move marks the first instance of an established asset manager making a fund available on the Ba
Crusoe Energy is set to secure approximately $500 million in equity capital from investors including billionaire Peter Thiel’s Founders Fund. VC Firms Pour Billions into AI Startups Crusoe Energy, a vertically integrated artificial intelligence (AI)
Canary Capital filed for a spot Solana ETF with the Securities and Exchange Commission (SEC) on Oct. 30, seeking to establish a US-based spot Solana (SOL) exchange-traded fund. If approved, the ETF would provide investors with direct exposure to the
Security Exchange NYSE Arca has formally requested permission from the SEC to list a Grayscale ETF focused on a diversified range of spot cryptocurrencies, as per a filing dated October 29. The proposed ETF would transform Grayscale’s existing Digita
The DeFi Education Fund (DEF) took a big swing at the SEC’s aggressive regulation of crypto in a new lawsuit against the agency over airdrops last week, arguing that the SEC’s moves violate federal law. Three amicus briefs subsequently filed by other
The fund's market cap has since declined to about $50 million, though the experiment is just getting started.
The exec stressed that cash holdings in his portfolio are short-term, favoring inflation-resistant assets.
An executive from hedge fund Brevan Howard says that the United Arab Emirates’ (UAE) sensible approach to crypto regulations is making the country a top region for digital asset trading. According to a new report from Reuters, $35 billion hedge fund
Aurum Equity Partners launched a $1 billion tokenized equity and debt fund on the XRP Ledger, an enterprise-grade blockchain network linked with Ripple. The Fund will seek investments in data centers across the US, the UAE, Saudi Arabia, India, and E
Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure and AI projects across BRICS countries. The goal is to boost Russia’s presence in AI and cryptocurrency mining.
“Fund tokenization has great potential to revolutionize how our industry operates,” LGIM previously stated.
Alchemy Pay partners with CKB Eco Fund to enable seamless $CKB purchases using fiat payment methods like Visa and bank transfers.
The firm is looking to convert a fund that trades over the counter and has an AUM over $500 million into an ETF.
Oct 14th, Panama – Gate Ventures, a global venture capital firm specializing in blockchain; Movement Labs, a leader in Move-based blockchain technology; and Boon Ventures, a prominent investor in emerging tech startups, today announced the establishm
Sundae Labs working on new L2 protocol
Fidelity plans to launch a blockchain-based money market fund. The company faces challenges due to a recent data breach incident. Continue Reading:Fidelity Investments Launches a New Blockchain-Based Money Market Fund The post Fidelity Investments La
Fidelity Investments, an asset management giant, is reportedly preparing to launch a blockchain-based money market fund. This move comes in the wake of other big financial institutions such as BlackRock integrating blockchain technology in an effort