4 hours ago

UBS, Chainlink, DigiFT Team Up to Automate Tokenized Funds in Hong Kong

TLDR: UBS will manage tokenized products on DigiFT’s exchange using Chainlink’s Digital Transfer Agent smart contracts. The system automates issuance, redemption, and transfers, reducing errors and operational costs for fund managers. DigiFT’s dual licenses in Singapore and Hong Kong support regulated distribution of tokenized products across Asia. Chainlink’s framework is blockchain-agnostic, enabling tokenized funds to [...]

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Source: Blockonomi →