Digital payments firm Ant International has launched a blockchain-centered partnership with banking giant UBS.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The collaboration, announced Monday (Nov. 17), will see ...

UBS Digital Cash is the latest addition to Ant International's tokenized deposit toolkit. Credit: Louis via Pexels. Key Takeaways Since 2019, Ant International has integrated a range of tokenized deposit systems into its payment infrastructure. In 2024, over a third of Ant’s transactions were processed on-chain. UBS Cash is the latest tokenized deposit solution it has integrated. Ant International has emerged as an important early adopter of tokenized deposits, partnering with various banks as they ...

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. ...