GENEVA, Switzerland–UBS said it has completed the world’s first live, in-production tokenized fund transaction.
The banking giant said it executed an end-to-end workflow involving subscription and redemption requests for a tokenized money market fund.
The transaction marks a milestone in the institutional adoption of blockchain-based financial products, noted Yahoo Finance.
According to UBS, the transaction processed orders for the UBS USD Money Market Investment Fund Token, known as uMINT, which operates on the Ethereum distributed ledger.
The bank further reported DigiFT served as the on-chain fund distributor for the transaction. The workflow utilized the Chainlink Digital Transfer Agent technical standard to handle the fund operations. The company said it processed both subscription and redemption requests through the automated system.
Technical Framework
UBS explained the Chainlink DTA standard integrates several technologies, including:
- Chainlink Runtime Environment
- Cross-Chain Interoperability Protocol
- Automated Compliance Engine
- NAVLink.
“These components enable Chainlink’s oracle network to automate fund lifecycle operations, including order processing, execution, settlement, and data synchronization between on-chain and off-chain systems.” According to Yahoo Finance. “The standard supports three settlement models: Offchain, Local Onchain, and Cross-chain Onchain. The Chainlink CCIP integration has been deployed across multiple blockchain applications in 2025.”
First Live Deployment
The transaction represents UBS’s first live deployment of tokenized fund operations on a public blockchain. Yahoo Finance reported.
DigiFT processed the subscription and redemption orders using the DTA standard’s automated compliance and settlement features. The system handled order taking, execution, and final settlement without manual intervention.
