UBS Completes First Tokenized Fund Transaction Using Chainlink DTA
UBS, managing over $6 trillion in assets, has executed the world's first in-production tokenized fund transaction using Chainlink's Digital Transfer Agent (DTA) standard. The transaction involved UBS's tokenized money market fund, uMINT, in collaboration with regulated on-chain distributor DigiFT.
The end-to-end workflow processed live subscription and redemption orders entirely on-chain, bridging digital and traditional finance. Chainlink's DTA standard enables automated fund management by connecting off-chain banking systems with blockchain infrastructure.
This milestone demonstrates institutional adoption of blockchain for complex financial operations, with synchronized settlement across hybrid systems. The private banking giant's MOVE signals growing mainstream acceptance of tokenized assets.
