{"id":13244,"date":"2025-10-13T13:12:10","date_gmt":"2025-10-13T13:12:10","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bybit-integrates-tokenized-ubs-money-market-fund-via-digift\/"},"modified":"2025-10-13T13:12:14","modified_gmt":"2025-10-13T13:12:14","slug":"bybit-integrates-tokenized-ubs-money-market-fund-via-digift","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bybit-integrates-tokenized-ubs-money-market-fund-via-digift\/","title":{"rendered":"Bybit integrates tokenized UBS money market fund via DigiFT"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Bybit will enable traders to use the uMint tokenized fund, launched by UBS, as trading collateral.<\/p>\n<div id=\"cn-block-summary-block_9271fac40d09463c18f9faf010349b80\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Crypto exchange Bybit partnered with the DigiFT tokenization platform, which manages uMint<\/li>\n<li>Bybit will enable traders to use the uMINT tokenized fund by UBS as trading collateral<\/li>\n<li>The partnership is part of a broader trend of integration between crypto and tradFi<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Traditional finance and the crypto space continue to converge. On Monday, Oct. 13, Bybit, the second-largest crypto exchange by trading volume, announced the integration of the uMint tokenized fund. Bybit users will be able to use the fund, launched by the global bank UBS, as trading collateral.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cInvestors of the UBS tokenized money market investment fund will be able to use their holdings as collateral for trading in a secure and cost-efficient way. This partnership is another important step in bridging Web2 finance and Web3 innovation,\u201d <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/collaboration-across-bybit-digift-and-ubs-umint-expands-collateral-solution-for-institutions-302582017.html\" target=\"_blank\" rel=\"nofollow\">said<\/a> Ben Zhou, Co-Founder and CEO of Bybit.<\/p>\n<\/blockquote>\n<p>The main benefit of the partnership is to enable traders to hold an institutional-grade money market fund while also being able to leverage it as trading collateral. For institutional investors, this can greatly reduce capital expenditures for trading.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Bybit to boost the efficiency of the UBS uMint fund  <\/h2>\n<p>The integration is made possible through Bybit\u2019s partnership with the asset tokenization platform DigiFT, which distributes the uMint fund to investors. According to DigiFT, the partnership showcases the benefits of tokenization by enabling greater capital efficiency.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThrough this collaboration, DigiFT exemplifies how regulated RWA infrastructure can deliver both capital efficiency and transparency to the financial markets of the future,\u201d said Henry Zhang, Founder &amp; Group CEO of DigiFT. <\/p>\n<\/blockquote>\n<p>UBS <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.ubs.com\/global\/en\/media\/display-page-ndp\/en-20241101-first-tokenized-investment-fund.html\" target=\"_blank\" rel=\"nofollow\">launched<\/a> its USD Money Market Investment Fund Token, or uMint, its first tokenized investment fund, in November 2024. Built on the Ethereum blockchain, it represents a low-risk, institutional-grade money market fund, leveraging short-term U.S. Treasury debt. The fund is designed with accredited and professional investors in mind. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bybit will enable traders to use the uMint tokenized fund, launched by UBS, as trading collateral. Summary Crypto exchange Bybit partnered with the DigiFT tokenization platform, which manages uMint Bybit&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4691,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13244"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13244\/revisions"}],"predecessor-version":[{"id":13245,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13244\/revisions\/13245"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4691"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}