4 hours ago
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KuCoin Institutional has announced the integration of Asseto’s CASH+ into its institutional collateral framework, expanding its real-world asset (RWA) infrastructure across both the Off-Exchange Settlement (OES) program and the RWA Collateral Mirroring Solution (RCMS). The addition increases the range of eligible collateral available to institutional clients, allowing them to access stablecoin-equivalent trading credit while maintaining exposure to underlying yield-bearing assets.
Within the OES framework, eligible institutional participants can pledge CASH+ as off-exchange collateral without transferring ownership of the asset. This structure enables capital to be deployed simultaneously for trading and yield generation, addressing a common constraint in institutional portfolio management. KuCoin noted that the model is already being used in live trading environments, with quantitative trading teams utilizing CASH+ as margin collateral while continuing to earn its underlying annualized yield of approximately 3.5% to 4%.
CASH+ is Asseto’s flagship RWA product, providing tokenized exposure to the CMS USD Money Market Fund, I Class, managed by CMS Asset Management (HK) Co., Limited. Each token reflects the net asset value of the underlying fund on a 1:1 basis, offering a fully backed and transparent structure. The product undergoes regular independent proof-of-reserve attestations and is deployed on both Ethereum and BNB Chain, enabling continuous access and transferability.
The integration also builds on KuCoin Institutional’s RCMS framework, which allows institutions to mirror high-grade real-world asset holdings into trading collateral without transferring custody. By supporting instruments such as tokenized money market funds, RCMS is designed to bridge traditional financial products and digital asset markets while expanding the flexibility and efficiency of collateral use within the OES ecosystem.
The combined framework aims to improve capital efficiency for institutional users, including trading desks, asset managers, and digital asset funds. By reducing the need to choose between liquidity and yield, the model supports more effective reserve management and broader participation in both traditional and digital financial markets.
"The integration of CASH+ into our OES framework reflects a broader shift in institutional demand toward yield-generating, high-quality collateral," said Tika Lum, Head of Global Business Development at KuCoin Institutional. "With solutions like OES and our RWA Collateral Mirroring Solution (RCMS), we enable institutions to deploy capital seamlessly across traditional and digital markets—enhancing capital efficiency while preserving yield and maintaining full asset control."
Bridget Li, CEO and Co-Founder of Asseto, stated: "CASH+ was built to solve a real problem: institutions in the digital asset space need a safe, yield-generating instrument that integrates natively with on-chain infrastructure. Being accepted into KuCoin's RCMS recognized product validates that CASH+ has achieved the institutional credibility and product maturity the market demands."
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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