KuCoin Institutional has announced the integration of Asseto’s CASH+ into its institutional collateral framework, expanding its real-world asset (RWA) infrastructure across both its over-the-counter settlement (OES) software and RWA side mirroring (RCMS) solutions. This addition increases the range of eligible collateral available to institutional clients, allowing them to access stablecoin equivalent trading credit while maintaining exposure to the underlying yield-generating assets.
Under the OES framework, eligible institutional participants can pledge CASH+ as collateral over-the-counter without transferring ownership of the asset. This structure allows for simultaneous capital deployment for trading and yield generation, addressing a common limitation in institutional portfolio management. KuCoin noted that the model is already being used in live trading environments, where quantitative trading teams use CASH+ as margin collateral while still earning their base annual return of approximately 3.5% to 4%.
CASH+ is Asseto’s flagship RWA product, which provides token exposure to a CMS USD money market fund, I Class, managed by CMS Asset Management (HK) Limited. Each token reflects the NAV of the underlying fund on a 1:1 basis, providing a fully backed and transparent structure. The product undergoes regular independent certifications for proof of reserve and is deployed on both the Ethereum and BNB chain, allowing for continuous access and portability.
The integration also builds on KuCoin Institutional’s RCMS framework, which allows institutions to mirror high-quality real asset holdings into trading collateral without transferring custody. By supporting instruments such as tokenized money market funds, RCMS is designed to bridge the gap between traditional financial products and digital asset markets while expanding the flexibility and efficiency of the use of collateral within the OES ecosystem.
The common 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.
“Integrating CASH+ into our OES framework reflects a broader shift in institutional demand toward yield-generating, high-quality collateral,” said Tika Lom, Head of Global Business Development at KuCoin Institutional. “With solutions like OES and RWA Color Mirroring Solution (RCMS), we enable institutions to seamlessly deploy capital across traditional and digital markets – enhancing capital efficiency while preserving return and maintaining full control of assets.”
“CASH+ was designed to solve a real problem: institutions in the digital asset space need a secure, revenue-generating tool that natively integrates with on-chain infrastructure,” said Bridget Lee, CEO and Co-Founder of Asseto. “Its acceptance into KuCoin’s recognized RCMS product confirms that CASH+ has achieved the institutional credibility and product maturity that the market demands.”
Disclaimer: This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.
