Data compiled by Woofun AI shows that Calais Digital Assets has executed the first institutional deployment of UBS USD Money Market Fund (uMINT) as collateral for Over-the-Counter Settlement (OES). The transaction leverages the integrated infrastructure of Bybit, ByCustody, and DigiFT, marking a pivotal step in the practical application of institutional-grade tokenized assets. Within this framework, DigiFT serves as the authorized distributor of uMINT, providing a regulated access layer, while ByCustody delivers institutional-grade custody under Bybit's licensed operational framework to ensure asset security and collateral eligibility. Bybit exchange accepts the custodied uMINT as clearing collateral, effectively separating custody from deployment so assets remain in regulated custody while being utilized for trading.

This structural innovation addresses the inefficiency of traditional OES collateral, where counterparties must deposit idle cash that generates no yield. By utilizing uMINT on the Ethereum public chain, Calais continuously earns returns on its collateral during trading activities, significantly enhancing capital efficiency without compromising the security and liquidity required for institutional operations. Built upon the 2025 collaboration framework between Bybit and DigiFT, this transaction validates the transition of tokenized asset efficiency gains from theoretical models to concrete institutional practice.