KuCoin, a well-known cryptocurrency exchange, has announced its support for UBS uMINT tokens, expanding access to digital asset trading for institutional investors.
Support for UBS uMINT Tokens
By supporting UBS uMINT tokens, KuCoin becomes a leader in the industry, allowing Insta/UBS token holders to use their tokenized funds as off-exchange collateral. This simplifies digital asset trading and opens access to alternative investments on the KuCoin platform.
Benefits for Token Holders
Holders of UBS uMINT tokens can leverage institutional-grade cash management services from UBS Asset Management. These services are backed by top-tier money-market instruments with stringent risk control standards. Tokens are supported by Ethereum’s distributed ledger technology, ensuring their security and transparency.
Comments from KuCoin and DigiFT Executives
“KuCoin remains committed to innovation alongside unwavering compliance and security,” stated KuCoin CEO BC Wong. “This partnership with DigiFT to support the UBS uMINT token highlights a significant step forward in exploring the viability of secure investments.” DigiFT CEO Henry Zhang remarked: “We’re building the next iteration of capital markets infrastructure for Web3, powered by yield-generating RWA instruments.”
KuCoin's support for UBS uMINT tokens facilitates the integration of tokenized assets into real-world markets, providing expanded opportunities for institutional investors.
