UBS Launches Crypto Private Banking Service
UBS considers integrating cryptocurrency services into its private banking offerings, potentially enhancing access to digital assets for high-net-worth clients. #Update #Crypto
UBS
Ethereum Adoption Surges UBS Enables On-Chain Transactions
UBS completes its first live tokenized fund transaction on Ethereum, showcasing blockchain’s potential to enhance transparency and access in digital asset markets. #Update #Blockchain $ETH
Chainlink Launches First $100T Tokenized Fund Redemption
@UBS completed the first on-chain redemption of a tokenized fund using Chainlink’s Digital Transfer Agent, marking a significant milestone in blockchain integration within the $100 trillion fund industry. #Update #Crypto $ETH
Bitcoin ETF Services Launching by Year-End
@BitwiseInvest’s CIO Matt Hougan predicts @MerrillLynch, @MorganStanley, @WellsFargo, and UBS will offer Bitcoin ETFs by 2025’s end, with $BTC trading at $93,869. #Update #ETF $BTC (+3) ↗
Ethereum Powers Tokenized Gold Innovation
DailyHodl: @UBS is testing its tokenized gold product, UBS Key4 Gold, on Ethereum’s $ETH layer-2 ZKsync for improved global functionality. #Update #Crypto $ETH (+3) ↗
Gold Demand Surges UBS Bullish 2025
UBS predicts a gold rally in 2025 driven by central bank demand and economic uncertainty, despite potential rate cuts and a strong dollar. • #Update • #Commodities • @UBS • (+4) • ↗
Ethereum: UBS Tokenized Fund Debut
UBS Asset Management launches the “UBS USD Money Market Investment Fund Token” (uMINT) on Ethereum, enhancing access to tokenized assets. This move highlights a shift in traditional finance towards blockchain technology for improved efficiency and transparency.