KuCoin Institutional has added Asseto’s CASH+ to its institutional collateral framework, extending its real world asset (RWA) capabilities across its off-exchange settlement (OES) program and RWA Collateral Mirroring Solution (RCMS). This integration expands the pool of eligible collateral, allowing institutional investors to access stablecoin-equivalent trading credits while maintaining exposure to yield-producing 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 links to traditional financial instruments. The product yields approximately 3.5% to 4% per annum, receives regular independent margin verification, and is available on both Ethereum and BNB chains.
Through KuCoin’s OES framework, institutional investors can use CASH+ as off-exchange collateral without transferring ownership of the underlying assets. This approach allows capital to support trading activity while continuing to generate yield, reducing the need to separate liquidity management from profit generation. According to KuCoin, this model has already been applied in live trading environments, including quantitative trading teams that use CASH+ as margin collateral.
This integration also strengthens the role of RCMS, allowing financial institutions to reflect high-quality, real-world asset holdings in transaction collateral without having to move custody. RCMS aims to connect traditional financial assets to digital trading infrastructure while increasing flexibility in how collateral is deployed by supporting tokenized money market funds and similar instruments.
The OES and RCMS frameworks are designed to work together to support more efficient capital allocation for institutional users such as trading companies, asset managers, and treasury teams. The ability to maintain yield exposure while accessing trading credit addresses a key operational challenge when managing digital asset portfolios.
“The integration of CASH+ into our OES framework reflects broader changes in institutional demand for high-quality collateral that yields yield,” said Tika Ram, Head of Global Business Development at KuCoin Institutional. “With solutions like OES and our RWA Collateral Mirroring Solution (RCMS), we enable financial institutions to deploy funds seamlessly across traditional and digital markets, preserving yield and improving capital efficiency while maintaining full asset control.”
Bridget Lee, CEO and Co-Founder of Asseto, said: “CASH+ was built to solve a real-world problem. Institutions in the digital asset space need a secure, revenue-generating means to natively integrate with on-chain infrastructure. Being accepted into KuCoin’s RCMS certified product is proof that CASH+ has achieved the institutional credibility and product maturity that the market demands.”
