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UBS, Ant International Forge MOU to Expand Strategic Co-op on Blockchain-Based Tokenized Currency Innovations
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UBS (UBS.US) announced that it had signed a memorandum of understanding (MOU) with Ant International for a strategic partnership aimed at advancing blockchain-based tokenized currency innovations to support Ant International's global payment settlement and liquidity management.

Leveraging UBS Digital Cash, a blockchain-based payment platform piloted last year, UBS will provide blockchain-based payment support for Ant International's global treasury management to enhance settlement efficiency, transparency, and security. It will also aid in optimizing cross-border payment solutions for Ant International's customers.

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