Bybit Partners with DigiFT for Institutional-Grade Tokenized Collateral

Bybit, one of the world's largest cryptocurrency exchanges, has partnered with DigiFT to offer institutional-grade tokenized assets as collateral. This collaboration enables sophisticated trading firms like Calais Digital Assets to maintain yield on their assets that would traditionally sit idle as margin.

The uMINT token, a USD money market fund built on the Ethereum public blockchain, serves as the collateral for these trades. By utilizing this token, Calais can earn yield on its assets without compromising security or liquidity.

Lily Yan, Founder & CEO of Calais Digital Assets, stated: 'As a systematic, quantitative fund, capital efficiency is not a marginal consideration, it is core to how we construct and manage portfolios.'