UBS Completes Tokenized Fund Transaction Using Chainlink’s DTA – A New Era for On-chain Finance?

Investment bank UBS has announced the completion of its first end-to-end tokenized fund transaction using the Chainlink Digital Transfer Agent (DTA) technical standard. This latest development by UBS shows the ongoing integration of blockchain technology into institutional financial operations. Last November, UBS, Swift, and Chainlink completed a pilot project allowing the settlement of tokenized fund subscriptions and redemptions using the Swift network. UBS Tokenize and DigiFT Advance On-chain Fund Oper ...