2d ago
UBS Executes First Live Tokenized Fund Transaction Using Chainlink DTA Standard
UBS has completed the world's first live tokenized fund transaction in collaboration with UBS Tokenize and DigiFT. The transaction processed subscription and redemption requests for the UBS USD Money Market Investment Fund Token (uMINT) on Ethereum. The operation utilized Chainlink's Digital Transfer Agent (DTA) technical standard to automate fund workflows and enhance efficiency across the fund lifecycle.