PANews, November 4th, news from Chainlink official sources, UBS announced today that it has successfully completed the world's first end-to-end tokenization fund workflow in a production environment using Chainlink DTA technology standards.
The UBS US Dollar Money Market Investment Fund Token (“uMINT”) is a money market investment fund based on Ethereum's distributed ledger technology. This time, uMINT has successfully completed subscription and redemption requests on-chain for the first time, proving that seamless and automated fund operations can be achieved on-chain, thereby increasing efficiency and utility gains. In this instant transaction, DigiFT acted as the on-chain fund distributor, successfully requesting and processing the settlement of uMINT shares using the Chainlink DTA standard.
This brand-new end-to-end tokenization fund workflow covers every stage of the fund lifecycle, including order reception, execution, settlement, and data synchronization between all on-chain and off-chain systems.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
