The pilot is part of UBS Asset Management’s global distributed ledger technology strategy, focused on leveraging public and private blockchains networks for enhanced fund issuance and distribution.
Following the successful launch, UBS Asset Management will be looking to execute further live pilot use cases under Project Guardian. “Through this exploratory initiative, we will work with traditional financial institutions and fintech providers to help understand how to improve market liquidity and market access for clients,” says Thomas Kaegi, UBS Asset Management head of Singapore and Southeast Asia.