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Produced by Daniel Aharonoff & Mogul Media AI

Xuirin Finance Launches Innovative DeFi Card

Xuirin Finance Unveils Its Revolutionary DeFi Card In an era where the integration of traditional and decentralized finance is becoming increasingly critical, Xuirin Finance introduces an innovative solution designed to bridge this gap: the DeFi card. This card aims to facilitate daily transactions using cryptocurrencies, thereby enhancing their integration into the global payment ecosystem. The implications of such technology extend beyond mere convenience, potentially reshaping how we perceive and engage with financial transactions. Overview of Xuirin Finance’s DeFi Card The DeFi card from Xuirin Finance offers users the ability to conduct a broad array of financial transactions. Key functionalities include: Online Purchases : Use cryptocurrencies for everyday shopping. Bill Payments : Settle utility and service bills seamlessly. ATM Withdrawals : Access cash using digital currencies at ATMs. This initiative stands as a testament to Xuirin Finance's commitment to in...
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Produced by Daniel Aharonoff & Mogul Media AI

UBS Asset Management Launches Live Pilot Program for Tokenized Money Market Fund on Ethereum

UBS Asset Management is making significant strides in the world of tokenization with its live pilot program of a tokenized Variable Capital Company (VCC) fund on the Ethereum blockchain. This initiative is part of UBS Asset Management's broader strategy to leverage blockchain technology for enhanced fund issuance and distribution. By partnering with traditional financial institutions and fintech providers, UBS aims to improve market liquidity and market access for clients. This move follows UBS's previous success in tokenization, including the issuance of a $50 million tokenized fixed rate note and the origination of $200 million of fully digital structured notes.

Key Points: - UBS Asset Management is launching a live pilot program of a tokenized Variable Capital Company (VCC) fund on the Ethereum blockchain. - This initiative is part of UBS's broader strategy to leverage blockchain technology for enhanced fund issuance and distribution. - UBS aims to improve market liquidity and market access for clients by partnering with traditional financial institutions and fintech providers. - UBS has previously found success in tokenization, including the issuance of a $50 million tokenized fixed rate note and the origination of $200 million of fully digital structured notes.

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