UBS, the world’s largest private bank, has introduced uMINT, its USD Money Market Investment Fund Token, on the Ethereum blockchain. The tokenized fund provides investors with access to high-quality money market instruments designed with a conservative, risk-managed approach.
“We have seen growing investor appetite for tokenized financial assets across asset classes,” noted Thomas Kaegi, UBS’s Co-Head of Asia, reflecting on the market shift toward blockchain-enabled finance.
Ethereum currently dominates real-world asset tokenization, with over $3 billion of tokenized assets on-chain, per data from RWA.xyz. This network has recently seen a nearly 4% increase in tokenized asset value over the past 30 days, highlighting significant investor interest in blockchain-based financial products.
Products like BlackRock’s $BUIDL and Franklin Templeton’s $FOBXX On-Chain U.S. Government Money Fund, each holding over $523 million and $408 million in assets respectively, demonstrate Ethereum’s growing influence in U.S. Treasury-backed tokenized investments.
