KuCoin Institutional Integrates Asseto’s CASH+ to Expand RWA Collateral Offering
KuCoin Institutional has added Asseto’s CASH+ to its institutional collateral framework, extending its real-world asset (RWA) capabilities across the Off-Exchange Settlement (OES) program and the RWA Collateral Mirroring Solution (RCMS). The integration broadens the pool of eligible collateral, enabling institutional clients to access stablecoin-equivalent trading credit while retaining exposure to yield-generating assets.
CASH+ is Asseto’s flagship RWA product, offering tokenized exposure to the CMS USD Money Market Fund, I Class, managed by CMS Asset Management (HK) Co., Limited. Each token tracks the net asset value of the underlying fund on a 1:1 basis, providing a fully backed structure with transparent linkage to traditional financial instruments. The product delivers an annualized yield of approximately 3.5% to 4%, undergoes regular independent proof-of-reserve attestations, and is available on both Ethereum and BNB Chain.
Through KuCoin’s OES framework, institutional participants can use CASH+ as off-exchange collateral without transferring ownership of the underlying asset. This approach allows capital to support trading activity while continuing to generate yield, reducing the need to separate liquidity management from return generation. According to KuCoin, the model is already being applied in live trading environments, including by quantitative trading teams using CASH+ as margin collateral.
The integration also reinforces the role of RCMS, which enables institutions to mirror high-quality real-world asset holdings into trading collateral without moving custody. By supporting tokenized money market funds and similar instruments, RCMS is intended to connect traditional financial assets with digital trading infrastructure while increasing flexibility in how collateral is deployed.
Together, the OES and RCMS frameworks are designed to support more efficient capital allocation for institutional users such as trading firms, asset managers, and treasury teams. The ability to maintain yield exposure while accessing trading credit addresses a key operational challenge in managing digital asset portfolios.
“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 recognised product validates that CASH+ has achieved the institutional credibility and product maturity the market demands.”