Particle.news
Download on the App Store

UBS and Chainlink Complete First Live Tokenized Fund Workflow on Ethereum

The bank executed an in-production uMINT subscription plus redemption using Chainlink’s Digital Transfer Agent with DigiFT as on-chain distributor.

Overview

  • UBS Tokenize initiated orders through internal systems while Chainlink infrastructure executed the on-chain workflow from order placement to settlement.
  • The live transaction processed the UBS USD Money Market Investment Fund Token (uMINT) on the public Ethereum network.
  • DigiFT acted as the on-chain distributor and handled investor requests through the DTA protocol in real time.
  • Chainlink’s DTA integrated CRE, CCIP, ACE, and NAVLink to synchronize fund data across off-chain and on-chain systems and to automate compliance.
  • The production deployment builds on prior UBS–Chainlink pilots involving SWIFT connectivity and Singapore’s Project Guardian, pointing to a shift from tests to live operations across a $100 trillion fund market.