UBS successfully executes its first instant tokenized fund transaction using Chainlink DTA technical standard

PANews, November 4th – According to official news from Chainlink, UBS announced today that it has successfully completed the world's first end-to-end tokenized fund workflow in a production environment using the Chainlink DTA technical standard.

The UBS USD Money Market Investment Fund Token ("uMINT") is a money market investment fund based on Ethereum distributed ledger technology. This time, uMINT completed subscription and redemption requests on-chain for the first time, demonstrating the ability to achieve seamless and automated fund operations on-chain, thereby improving efficiency and utility gains. In this instant transaction, DigiFT, acting as the on-chain fund distributor, successfully requested and processed the settlement of uMINT shares using the Chainlink DTA standard.

This brand-new end-to-end tokenized fund workflow covers every stage of the fund lifecycle, including order receipt, execution, settlement, and data synchronization between all on-chain and off-chain systems.