The first quantitative fund uses America uMINT as collateral for OES trading, and ByCustody supports the practical application of institutional level tokenized assets Odaily Planet Daily News: Calais Digital Assets has become the first institutional client to deploy America USD Money Market Fund (uMINT) as collateral for over-the-counter settlement (OES) in trading scenarios. The transaction was completed through the integrated infrastructure of Bybit, ByCustody, and DigiFT, marking a significant breakthrough in the practical application of institutional level tokenized assets. In this structure, DigiFT serves as the authorized distributor for uMINT and provides regulatory access layer; ByCustody provides institutional level custody under the Bybit licensed operating framework, ensuring asset security and meeting the qualifications for trading collateral; Bybit exchange accepts uMINT under custody as collateral for clearing. This design separates custody and deployment, allowing assets to be used for trading without leaving regulatory custody. Traditional OES collateral requires trading parties to deposit idle cash, which is in an undeployed state and does not generate returns. By using uMINT based on the Ethereum public chain, Calais continues to receive collateral returns during its trading activities. This model significantly improves capital efficiency at the structural level without compromising the security and liquidity required for institutional transactions. This transaction is based on the cooperation framework between Bybit and DigiFT in 2025, which established uMINT as the technical and regulatory foundation for transaction collateral. The deployment of Calais has validated the efficiency benefits of tokenized assets from theory to institutional level application practice.