Exchange News: Bybit Integrates UBS Tokenized Fund to Bridge TradFi and Web3
The post Exchange News: Bybit Integrates UBS Tokenized Fund to Bridge TradFi and Web3 appeared on BitcoinEthereumNews.com.
Bybit integrates UBS’s tokenized fund as collateral. This move connects TradFi assets to the Web3 trading ecosystem. Bybit, the world’s second-largest crypto exchange, announced a major integration. This occurred on Monday, October 13th. The firm joined forces with global bank UBS. This partnership will bridge traditional finance (TradFi) and Web3 innovation. The meeting point of these two spaces continues to accelerate throughout the world. Institutional Collaboration Pushes Tokenized Fund into Trading Specifically, Bybit will allow its traders to use the uMint fund. This tokenized investment fund was initiated by UBS. Users can now use the shares of the fund as trading collateral directly. This is a huge achievement in the digital asset economy. Therefore, this initiative furthers the mission of Bybit to a substantial degree. The UBS uMINT is a Money Market investment fund. It is entirely based on the Ethereum public blockchain. Furthermore, UBS Asset Management is the issuer of these tokenized shares. The fund opened up to investors from outside India in November 2024. This created a new regulated product category. Related Reading: Exchange News: Bybit Secures First Crypto Exchange License by UAE SCA | Live Bitcoin News The shares are distributed through the authorized partners. DigiFT is the largest distributor at present in the of volumes. DigiFT is a licensed platform of real-world assets (RWA). It is regulated by both MAS and the Hong Kong SFC. This ensures institutional-grade compliance of the entire process. Ben Zhou, Co-Founder and CEO of Bybit, commented on the alliance. He called DigiFT an innovator in the regulated blockchain distribution. Subsequently, he indicated that this collaboration leads to opportunities for institutions. They can derive more utility from their tokenized goods. This integration is essential for the growth of the market. The investors holding the UBS tokenized fund will be beneficiaries of it…
Filed under: News - @ October 14, 2025 1:28 am