Tokenised money market fund
UBS, asset manager, on Ethereum since November 2024.
UBS USD Money Market Investment Fund Token, a Singapore-domiciled VCC sub-fund on UBS Tokenize, Ethereum only. The cited release records a further milestone on 2025-11-04: the first in-production end-to-end tokenised fund subscription and redemption using Chainlink's Digital Transfer Agent standard, with DigiFT as on-chain distributor. Figure from rwa.xyz; rwa.xyz gives a launch date of 2024-10-08 against a widely reported November 2024 launch.
In the record
21
months from first observation to the record's assessment of August 2026
17
asset manager rows in the record, this one included
45
rows filed to Ethereum by their sources
What it bears on
R1Can we hold and administer this the way we hold everything else?
available
Qualified custody, fund administration and in-kind creation are available from named providers under existing mandates.
R3Do we know what this instrument is, legally, in every venue we operate?
needs design
ETH is a digital commodity in the United States and stablecoin law is in force. Market-structure legislation stalled, and jurisdictions are diverging.