[UBS is piloting a tokenized money market fund on the Ethereum public chain] Golden Finance reported that UBS Asset Management has launched a pilot tokenized money market fund on the Ethereum public blockchain. This is one of the controlled pilots of the Monetary Authority of Singapore (MAS) Project Guardian. In the first batch of pilot transactions, UBS Asset Management executed the subscription and redemption of tokenized funds represented by smart contracts. The company plans to work with additional partners and explore other investment strategies in further field pilots. UBS uses its own UBS Tokenize platform.