Calais becomes 1st quantitative hedge fund to deploy UBS uMINT as OES collateral via Bybit, ByCustody & DigiFT

Jun. 18, 2026

Dubai, United Arab Emirates, June 18th, 2026, Chainwire

Calais (Calais Digital Assets), a Singapore-headquartered multi-strategy quantitative investment fund, has become the first institutional client to deploy UBS uMINT as off-exchange settlement (OES) collateral in active trading operations — marking a significant milestone in the real-world adoption of institutional-grade tokenised assets.

The transaction was executed across an integrated infrastructure layer comprising Bybit, the world’s second-largest cryptocurrency exchange by trading volume and a licensed virtual asset platform operator across multiple jurisdictions; ByCustody, Bybit’s institutional custody arm; and DigiFT, authorised distributor of the UBS USD Money Market Investment Fund (“uMINT”), the first tokenized investment fund launched by UBS Asset Management. Under the OES collateral model, Calais’s uMINT holdings remain in ByCustody’s custody while simultaneously serving as live trading collateral on Bybit — allowing the fund to maintain yield on its collateral position throughout the duration of its trading activities.

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