KuCoin, a leading global cryptocurrency exchange, announced support for UBS uMINT, a token corresponding to the first tokenized money market investment fund launched by UBS Asset Management and distributed through DigiFT, a leading licensed platform for tokenized real-world assets (RWAs). As the first global crypto exchange to support UBS uMINT, this collaboration allows institutional tokenholders through DigiFT to utilize their tokenized investment funds as off-exchange collateral, enabling efficient trading on digital assets and access to a wider array of alternative digital asset investments offered by KuCoin.

This initiative, driven by KuCoin, represents an advancement in the cryptocurrency sector, expanding the use of tokenized RWAs to a real-world applicable trading environment, where KuCoin mirrors RWA holdings with stablecoin equivalents without transferring ownership, enabling sophisticated trading on digital assets while preserving yields and control through a third-party regulated custodian. It addresses the growing demand for high-grade on-chain income assets, offering enhanced liquidity, risk reduction, and operational efficiencies—all while emphasizing regulatory compliance and security.

"KuCoin remains committed to innovation alongside unwavering compliance and security," stated BC Wong, CEO 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."