Ant International and UBS Team on Blockchain-Based Tokenized Deposits

Core Insights - Ant International has partnered with UBS to explore blockchain-based tokenized deposits for global payments settlement and liquidity management [2][3] - The collaboration aims to enhance efficiency, transparency, and security in cross-border payments using UBS Digital Cash, a blockchain payment platform [3][4] Company Developments - UBS Digital Cash, launched in November 2024, will support Ant International's global treasury operations [2][3] - The partnership will leverage Ant's blockchain technology and UBS's expertise in digital assets to create a real-time, multi-currency payment solution [3] Industry Trends - The collaboration reflects a growing trend in the financial industry towards integrating blockchain technology for operational efficiency [5] - The focus on tokenized deposits and real-time fund flows indicates a shift towards more innovative and flexible payment solutions [4][5]