Svmuu News: Calais Digital Assets has become the first institutional client to deploy the UBS USD Money Market Fund (uMINT) as over-the-counter settlement (OES) collateral in a trading scenario.The transaction was executed through the integrated infrastructure of Bybit, ByCustody, and DigiFT, marking a significant breakthrough in the practical application of institutional-grade tokenized assets. In this structure, DigiFT, as an authorized distributor of uMINT, provides the regulatory access layer; ByCustody offers institutional-grade custody under Bybit’s licensed operating framework, ensuring asset security and eligibility as trading collateral;while the Bybit exchange accepts the custodied uMINT as clearing collateral. This design separates custody from deployment, allowing assets to be used for trading without leaving regulated custody. Traditional OES collateral requires counterparties to deposit idle cash, which remains unutilized and generates no returns.By using uMINT, which is based on the Ethereum public blockchain, Calais continuously earns collateral yields during its trading activities. This model significantly enhances capital efficiency at the structural level without compromising the security and liquidity required for institutional trading. This transaction is based on the 2025 cooperation framework between Bybit and DigiFT, which established the technical and regulatory foundation for uMINT as trading collateral. Calais’s deployment validates that the efficiency gains of tokenized assets have moved from theory to institutional-level practical application.