UBS and Ant International Partner on Blockchain-Based Real-Time Cross-Border Payments Settlement and Liquidity Management

SINGAPORE--(BUSINESS WIRE)--UBS has entered a strategic partnership with Ant International, a leading global digital payment, digitisation, and financial technology provider, to explore innovations in blockchain-based tokenised deposits to support Ant International's global payments settlement and liquidity management. Both parties signed a Memorandum of Understanding (MoU) at UBS's flagship office at 9 Penang Road in Singapore. Under the MoU, Ant International will leverage UBS Digital Cash, a. ...