UBS Group has completed real-time tokenization fund transactions using Chainlink DTA standards.

According to Mars Finance, UBS Group has announced that it has completed end-to-end real-time tokenization fund transactions in a production environment utilizing the Chainlink Digital Transfer Agent (DTA) technical standard. This transaction was executed jointly by UBS Tokenize and DigiFT, involving the first on-chain subscription and redemption of the UBS Dollar Money Market Investment Fund token uMINT. It is reported that the process covers various stages of the fund lifecycle, including order receipt, execution, settlement, and data synchronization between on-chain and off-chain systems. DigiFT, as the on-chain fund distributor, has achieved automated settlement of uMINT shares based on the Chainlink DTA standard. UBS Chief Operating and Technology Officer Mike Dargan stated that this transaction showcases the potential of smart contracts and standardized technologies in enhancing fund operational efficiency and investor experience. Chainlink co-founder Sergey Nazarov stated that this achievement sets a new industry benchmark for institutional-level tokenized finance. DigiFT founder Henry Zhang further pointed out that real-time subscription and redemption operations can be achieved with direct integration with institutional custody systems using the Chainlink DTA standard.