Copper, a key player focused on digital asset custody, collateral management, and prime services announces its support for UBS uMINT, the first tokenized investment fund launched by UBS Asset Management and distributed through DigiFT, a regulatory-compliant exchange for on-chain real-world assets
This partnership enables custody support for uMINT token holders who can benefit from Copper’s institutional infrastructure.
UBS uMINT is a tokenized Money Market Fund backed “by high-quality money market instruments within a conservative, risk-managed framework.”
Issued on the UBS Tokenize platform, uMINT is built on Ethereum distributed ledger technology and “offers institutional-grade compliance, transparency, and real-time redemption capabilities.”
Simon Morgan, Chief Commercial Officer at Copper said:
“Partnering with DigiFT to support UBS’s uMINT token aligns with our commitment to expand access to institutional-grade real-world assets for our clients. This collaboration marks a significant step forward in making tokenized investments accessible and secure for a broader audience.”
Henry Zhang, CEO of DigiFT said:
“At DigiFT, we’re enabling investors to confidently enter the Web3 space with compliant, secure and stable solutions. Partnering with Copper, a lead in digital asset custody, allows us to provide unparalleled access to institutional-grade, highly liquid tokenized assets. Together, we’re setting a new standard for digital assets to deliver the stability investors need to operate confidently in dynamic markets.”
As noted in the update, DigiFT is the first regulatory-compliant exchange for on-chain real-world assets to “be licensed by the Monetary Authority of Singapore as a Recognised Market Operator and Capital Markets Services provider.”
DigiFT enables asset owners, particularly financial institutions, “to issue blockchain-based security tokens that investors can trade with continuous liquidity using an Automated Market Maker (AMM).”
Since being founded in 2018, Copper has been “building the standard for institutional digital asset infrastructure with a focus on custody and collateral management.”
Underpinned by innovative technology, Copper has built a “suite of products and services required to safely custody and trade digital assets.”
At the core of Copper’s infrastructure is ClearLoop, which “enables clients to manage collateral and settle trades across multiple exchanges, while mitigating counterparty risk and increasing capital efficiency.”