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Bybit Adds UBS’s uMint as Trading Collateral Through DigiFT Integration

The move brings a low‑risk, Ethereum‑based fund backed by U.S. Treasuries into on‑exchange collateral use for institutional traders.

Overview

  • Bybit now accepts UBS’s uMint tokenized money‑market fund as collateral for crypto trading on its platform.
  • DigiFT powers the integration by distributing uMint to eligible investors and providing the tokenization infrastructure.
  • UBS launched uMint in November 2024 on Ethereum, structuring it to track short‑term U.S. Treasury instruments for lower risk.
  • Bybit frames the addition as a way for accredited users to improve capital efficiency by posting fund holdings instead of idle cash.
  • DigiFT’s Henry Zhang and Bybit’s Ben Zhou said the collaboration advances regulated RWA adoption and links traditional finance with Web3 venues.