KuCoin Institutional announced that it is expanding its real-world assets (RWA) infrastructure across both its Off-Exchange Settlement (OES) program and its RWA Collateral Mirroring Solution (RCMS) by integrating Asseto’s CASH+ into its institutional collateral framework. This addition expands the range of eligible collateral available to institutional clients, giving them access to stablecoin-equivalent trading credit while maintaining exposure to underlying yielding assets.
Within the OES framework, eligible institutional participants can collateralize CASH+ as over-the-counter collateral without transferring ownership of the assets. This structure allows capital to be deployed simultaneously for trading and yield generation, addressing common constraints in institutional portfolio management. KuCoin noted that this model is already being used in a real-time trading environment, with its quantitative trading team continuing to earn base annual returns of around 3.5% to 4% while leveraging CASH+ as margin collateral.
CASH+ is Asseto’s flagship RWA product that provides tokenized exposure to the CMS USD Money Market Fund Class I managed by CMS Asset Management (HK) Co., Limited. Each token reflects the net asset value of the underlying fund 1:1, providing a fully supported and transparent structure. The product undergoes regular, independent proof-of-holdings and is deployed on both the Ethereum and BNB chains to enable continuous access and transfer.
Additionally, the integration builds on KuCoin Institutional’s RCMS framework, allowing institutions to mirror their advanced real-world asset holdings as trading collateral without transferring custody. RCMS is designed to bridge traditional financial instruments and digital asset markets by supporting tools such as tokenized money market funds, 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, this model supports more effective reserve management and broader participation in both traditional and digital financial markets.
“The integration of CASH+ into the OES framework reflects a broader shift in institutional demand toward high-quality, yield-generating collateral,” said Tika Lum, Head of Global Business Development at KuCoin Institutional. “Through solutions like OES and RCMS (RWA Collateral Mirroring Solution), we help institutions deploy capital seamlessly across traditional and digital markets, improving capital efficiency while maintaining returns and maintaining full asset control.”
Bridget Li, CEO and Co-founder of Asseto, said: “CASH+ was created to solve a real problem. Institutions in the digital asset space need secure, monetization tools that natively integrate with on-chain infrastructure. KuCoin’s acceptance into the RCMS recognized product demonstrates 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 provided or intended to be used as legal, tax, investment, financial or other advice.
