Deployments · UBS Tokenize · platform by UBS
UBS tokenised fund subscription and redemption via Chainlink DTAUpdated 8 Nov 2026
UBS Tokenize and distributor DigiFT processed a live, in-production subscription and redemption of the UBS USD Money Market Investment Fund Token (uMINT) on Ethereum in November 2025, using Chainlink's Digital Transfer Agent standard to automate order taking, settlement and record keeping. It followed a September 2025 pilot in which Swift ISO 20022 messages triggered the same on-chain fund workflows. A single transaction, so recorded as a pilot.
AnnouncedProof of conceptPilotLive (limited)Live (scaled)
Pilot since 4 Nov 2025[1] — One disclosed in-production transaction; size not disclosed. · Reviewed today
- Assets
- Use cases
- Fund subscription and redemption[1]
- Jurisdictions
- Switzerland, Singapore
Participants
- UBSPlatform provider, Issuer, Asset manager, Operator[1]Switzerland
- DigiFTDistributor[1][3][4][5]Singapore
- Chainlink LabsTechnology provider[1][6][7]United States
- SwiftTechnology provider[2]Belgium
Timeline
- Happened 4 Nov 2025 · First transaction · recorded 11 Oct 2026UBS and DigiFT complete the first live subscription and redemption of uMINT using the Chainlink DTA standard.[1]
- Happened 30 Sep 2025 · Announcement · recorded 11 Oct 2026Chainlink and Swift run a UBS Tokenize pilot in which Swift messages trigger on-chain fund subscriptions and redemptions.[2]
Sources
- [1]UBS executes first live tokenized fund transaction leveraging the Chainlink Digital Transfer Agent technical standard — UBS, 4 Nov 2025. Accessed 11 Oct 2026.B
- [2]Chainlink integrates Swift messaging to streamline tokenized fund workflows with UBS — The Block, 30 Sep 2025. Accessed 11 Oct 2026.C
- [3]UBS executes first live tokenized fund transaction leveraging the Chainlink Digital Transfer Agent technical standard | UBS Global — UBS, 4 Nov 2025. Accessed 8 Nov 2026.B
- [4]Hong Kong digital bond will settle with wholesale CBDC - Ledger Insights - blockchain for enterprise — Ledger Insights. Accessed 8 Nov 2026.C
- [5]UBS executes first live tokenized fund transaction leveraging DTA — UBS, 4 Nov 2025. Accessed 8 Nov 2026.B
- [6]UBS Tokenize | UBS Global — UBS. Accessed 8 Nov 2026.B
- [7]UBS executes live tokenized fund transaction leveraging Chainlink DTA technical standard - FX News Group — FX News Group, 4 Nov 2025. Accessed 8 Nov 2026.C
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