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UBS uMINT Tokenholders Can Now Use Assets As Collateral On KuCoin
KuCoin has announced that it will support UBS uMINT, a token representing the first tokenised money market investment fund launched by UBS Asset Management and distributed through DigiFT, a licensed platform for tokenised real-world assets (RWAs).
The cryptocurrency exchange is the first globally to accept UBS uMINT as off-exchange collateral, enabling institutional tokenholders on DigiFT to use their tokenised investment funds to trade digital assets and gain access to a wider range of alternative digital asset investments offered by KuCoin.
UBS uMINT, launched in November 2024, provides institutional-grade cash management solutions backed by high-quality money market instruments within a risk-managed framework. It is issued under UBS Tokenize, the bank’s in-house tokenisation service, and built on Ethereum distributed ledger technology.
KuCoin said the arrangement allows it to mirror RWA holdings with stablecoin equivalents without transferring ownership. Assets are held with a third-party regulated custodian, enabling trading activity while preserving yields and client control. The exchange said the model responds to growing demand for high-grade on-chain income assets, offering liquidity, risk reduction and operational efficiency, while meeting compliance requirements.
“KuCoin remains committed to innovation alongside unwavering compliance and security,” said BC Wong, Chief Executive Officer of KuCoin. “This partnership with DigiFT to support the UBS uMINT token highlights a significant step forward in exploring the viability and adoption of secure investments for a broader audience. It empowers institutions to unlock tokenized traditional assets for seamless global trading and solidifies KuCoin's leadership in converging traditional and digital finance.”
DigiFT, which is an authorised distribution partner, enables subscriptions and redemptions for tokenised RWAs in stablecoins and fiat currency in a non-custodial manner. Clients can use their preferred custody wallet solution.
Henry Zhang, Chief Executive Officer of DigiFT, said: “At DigiFT, we're building the next iteration of institutional-grade capital markets infrastructure for Web3 — immediately functional, compliant, and powered by yield-generating RWA instruments. The integration of the UBS uMINT token, which will enable tokenholders to use their funds as collateral via KuCoin's mirroring program, exemplifies our focus on enhancing capital efficiency across digital asset markets through tokenized RWAs. Together with our partners, we are reshaping the innovation contours of institutional digital asset infrastructure.”
KuCoin said it intends to expand tokenised asset integrations further, enabling more RWAs from established asset managers to be used as recognised collateral. The exchange said this would provide institutional clients with flexible trading solutions designed to improve capital efficiency and returns.
