Overview
- In a technical pilot with UBS Tokenize, Chainlink’s CRE ingested SWIFT ISO 20022 messages and triggered on‑chain subscription and redemption workflows via its Digital Transfer Agent.
- The setup let UBS send instructions from existing systems, preserving legacy processes without new identity or key‑management tooling.
- The approach uses standardized ISO 20022 messaging to activate smart‑contract events, providing a path to automate tokenized fund administration.
- The demonstration builds on the Monetary Authority of Singapore’s Project Guardian collaborations that explored tokenized assets with UBS and SWIFT.
- Chainlink is also running a separate pilot with 24 banks and market utilities, including DTCC and Euroclear, to standardize corporate‑action data using its tools and AI.