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UBS launches tokenized warrant on public blockchain

UBS has launched Hong Kong’s first investment-grade tokenized warrant on the Ethereum public blockchain network. Billed by the bank as the "first natively issued warrant on a public blockchain", the warrant was sold to OSL Digital Securities Limited, a licensed virtual asset platform operator.

"Created natively on a public blockchain in a permisioned environment, this innovative product enhances transparency, reduces transaction fees, streamlines settlement processes, and allows for more flexible trading hours."

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