Saturday, November 16, 2024
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UBS Pilots Tokenized VCC Fund in Singapore within Project Guardian

The first transactions within the pilot included fund subscriptions and redemption of the tokenized fund represented as a smart contract. Notably, UBS used its own UBS Tokenize platform to conduct the transactions.  Swiss multinational investment bank and financial services company UBS Asset Management (SWX: UBSG) has launched the first pilot of a tokenized Variable Capital Company

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