Ant International, the global arm of Ant Group, partnered with Swiss banking giant UBS to modernize its treasury and payments infrastructure. According to a release, the collaboration will focus on blockchain-powered settlement, tokenized deposits, and real‑time fund movement. A Strategic Push Into Blockchain Treasury Operations Under a new memorandum of understanding (MoU), Ant International will integrate UBS Digital Cash, a blockchain‑based payment platform piloted in 2024, into its global treasury o ...

Ant International, the Singapore-based spin-off of Chinese fintech giant Ant Group, is stepping up its global treasury operations through a strategic partnership with Swiss bank UBS, as both companies also seek to explore innovations in blockchain-based tokenised deposits. Under a memorandum of understanding signed at UBS' Singapore offices, Ant International will use UBS Digital Cash - a blockchain-based payments platform launched last year - for its global treasury operations to enhance efficiency, trans ...