KuCoin Becomes First Global Exchange to Support UBS uMINT Token

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KuCoin, the global crypto exchange, announced today that it will support UBS uMINT, the token tied to UBS Asset Management’s first tokenized money market investment fund and distributed via DigiFT. This makes KuCoin the first global exchange to accept UBS uMINT as off-exchange collateral, opening a new way for institutional tokenholders to use tokenized funds to trade digital assets more efficiently.

What this actually does is practical: institutions holding UBS uMINT through DigiFT can mirror the fund’s value on KuCoin with stablecoin equivalents, letting them trade on the exchange without sending ownership of the underlying assets. That means firms can keep collecting yield from the money market instruments while gaining access to broader digital-asset trading, all under a regulated custody arrangement.

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class="wp-block-heading">Tokenized RWAs Take a Step Forward

UBS uMINT is issued under UBS Tokenize and runs on Ethereum. It’s positioned as an institutional-grade cash-management tool, backed by high-quality money market instruments and managed under a risk framework aimed at preserving capital and liquidity. DigiFT customers can subscribe or redeem the fund in fiat or stablecoins and keep custody in their preferred wallets. DigiFT acts as the authorized distributor, not a custodian.

“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.”

Henry Zhang, CEO of DigiFT, remarked: “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.”

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Why it matters: Tokenized real-world assets have been talked about for a while, but integrating them into an actual trading environment, where exposure can be reflected on an exchange without moving the underlying asset, is an important practical step. KuCoin says the approach boosts liquidity, reduces operational friction, and offers risk-management advantages, while keeping the fund’s yield intact behind a regulated third-party custodian.

Looking forward, KuCoin expects to expand support for more tokenized assets from established managers, using its tech infrastructure to make reputable RWAs usable as recognized collateral. For institutional clients, that could mean more flexible trading options and improved capital efficiency.

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Author: NixCoin

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