We’re excited to announce that Chainlink, @UBS (global wealth manager with 5.9 trillion AUM), and @DigiFTTech (regulated RWA exchange) have partnered to automate tokenized fund operations onchain under the Hong Kong government’s Cyberport program. https://insights.digift.io/zh/digift-chainlink-ubs-to-automate-tokenized-fund-operations/ The regulated blockchain-based solution is designed to automate the distribution, transfer, and lifecycle management of tokenized products, reducing manual errors and unlocking significant cost savings for the 132 trillion global asset management industry. Under the streamlined workflow, investors submit orders/redemptions for UBS’s tokenized products through DigiFT’s regulated distributor smart contracts, which are processed by Chainlink’s Digital Transfer Agent smart contracts and recorded onchain, where they trigger the corresponding issuance, redemption, and other fund lifecycle activities on the UBS tokenized product smart contracts. “Hong Kong is rapidly emerging as a leading center for regulated digital assets, and our project’s selection under the Blockchain & Digital Asset Pilot Subsidy Scheme reflects DigiFT’s commitment to building long-term infrastructure in the city,” said Kevin Loo, Hong Kong CEO of DigiFT. “By working alongside UBS and Chainlink, we are creating solutions that not only meet institutional standards but also strengthen Hong Kong’s position as a global hub for tokenized finance.” With Chainlink’s Digital Transfer Agent (DTA) framework able to be easily deployed across any blockchain, this solution lays the foundation for widespread adoption of Hong Kong-regulated tokenized products and ushers in a more efficient, accessible era of asset management.(Chainlink)