Bybit, DigiFT, and UBS Partner to Expand Collateral Solutions for Institutions

Cryptocurrency exchange Bybit has partnered with DigiFT and UBS Asset Management to provide collateral solutions for institutional investors. This collaboration allows those holding the UBS uMINT token, a tokenized investment fund launched by UBS Asset Management, to utilize these holdings as collateral on Bybit’s platform. The initiative signifies a significant step in integrating traditional finance (TradFi) with the digital asset economy.