UBS Completes First On-Chain Redemption of Tokenized Fund Using Chainlink Technology
UBS, one of the world’s largest financial institutions, has completed the first on-chain redemption of a tokenized fund, marking a breakthrough in traditional asset management’s transition to blockchain. The redemption was executed through Chainlink’s Digital Transfer Agent (DTA) framework and involved UBS’s uMINT platform, which tokenizes real-world financial products. The transaction represents a major step […]