TLDR:
- UBS executes first live tokenized fund transaction powered by Chainlink’s DTA technical standard for onchain automation.
- The uMINT fund on Ethereum becomes the first to complete live subscription and redemption fully onchain.
- DigiFT acts as onchain distributor using Chainlink’s DTA standard for real-time fund processing.
- Chainlink’s DTA combines CRE, CCIP, ACE, and NAVLink to synchronize fund data across systems.
For the first time, a major global bank has processed a live fund transaction entirely onchain. UBS, working with Chainlink and DigiFT, has completed the first end-to-end tokenized fund workflow using Chainlink’s Digital Transfer Agent (DTA) standard.
The milestone shows how fund operations like subscriptions and redemptions can now run securely on blockchain networks. It also reflects how traditional finance is beginning to merge with decentralized systems.
Chainlink’s DTA Powers UBS Tokenized Fund
According to a statement from Chainlink’s official account, UBS used the Chainlink DTA technical standard to carry out the transaction through its UBS Tokenize division.
The workflow completed a live subscription and redemption of the UBS USD Money Market Investment Fund Token (uMINT) built on Ethereum. DigiFT, acting as the onchain distributor, managed fund order requests through the DTA protocol.
This system handled every part of the process, from order placement to settlement, while syncing data across onchain and offchain systems.
Chainlink’s DTA integrates multiple components including the Chainlink Runtime Environment (CRE), Cross-Chain Interoperability Protocol (CCIP), Automated Compliance Engine (ACE), and NAVLink. Together, these systems ensure smooth orchestration, interoperability, and regulatory alignment for fund transactions.
UBS reported that the technology enables more efficient fund operations without compromising compliance. The initiative builds upon prior work between UBS and Chainlink in the Monetary Authority of Singapore’s Project Guardian program.
A Shift Toward Onchain Institutional Finance
UBS stated that this live transaction marks a step toward practical adoption of tokenized finance.
The bank’s Group Chief Operations and Technology Officer said the goal is to apply smart contract standards that improve efficiency and transparency for clients. Through UBS Tokenize, the firm is expanding its digital asset capabilities while adhering to institutional-grade requirements.
Chainlink co-founder Sergey Nazarov described the event as a benchmark for the financial industry’s move onchain.
He said the transaction proved that traditional finance can now operate in blockchain environments while retaining secure and compliant workflows. DigiFT’s founder added that their role as distributor demonstrated how real-time visibility can improve fund management for regulated institutions.
The Chainlink team via X, pointed out that this collaboration sets a foundation for future tokenized asset operations. The project may influence how more banks approach blockchain integrations in the years ahead.
The post Chainlink Powers UBS to Complete the First Live Tokenized Fund Transaction appeared first on Blockonomi.
Source: https://blockonomi.com/chainlink-powers-ubs-to-complete-the-first-live-tokenized-fund-transaction/