UBS(US:UBS) Yahoo Finance·2025-11-04 15:38Core Insights - UBS has completed its first end-to-end tokenized fund transaction using the Chainlink Digital Transfer Agent (DTA) technical standard, highlighting the integration of blockchain technology into institutional finance [1][2] - The transaction involved the UBS USD Money Market Investment Fund Token (uMINT) and demonstrated the automation of fund lifecycles entirely on-chain [3][4] Group 1: Transaction Details - The live transaction was executed through UBS Tokenize in collaboration with DigiFT, showcasing automated fund operations on blockchain [2][3] - DigiFT acted as the on-chain fund distributor for uMINT, successfully completing subscription and redemption requests [3][7] Group 2: Operational Efficiency - The new tokenized fund workflow provides a secure, compliant, and scalable model for real-time investment fund operations [4] - The DTA protocol standardizes communication between on-chain and off-chain systems, ensuring transparency and operational efficiency [4] Group 3: Industry Impact - This transaction marks a significant milestone in enhancing fund operations and the investor experience through smart contract-based technologies [5][6] - The collaboration between UBS and DigiFT sets a new benchmark for institutional finance on-chain, demonstrating secure and scalable workflows for tokenized assets [6][7]