DigiFT, a licensed exchange for tokenized real-world assets, has partnered with Chainlink and UBS Tokenize to bring automation to the world of tokenized funds. .
Their joint project has been approved under Hong Kong’s Cyberport Blockchain & Digital Asset Pilot Subsidy Scheme. The collaboration aims to develop a regulated blockchain-based infrastructure for automating and streamlining distribution, settlement, and lifecycle management of tokenized products. This could also help minimize human errors and significantly save costs. This would also make it easier for investors to access these products.
How It Works?
Investors will place subscription or redemption orders for UBS’s tokenized funds using DigiFT’s regulated smart contracts. These will be processed through Chainlink’s Digital Transfer Agent contracts. It will automatically trigger fund actions like issuance or redemption on UBS’s smart contracts. All of this is recorded on-chain under recognized global standards.
DigiFT’s founder Henry Zhang said, “Through this project, we are combining institutional partners, regulated infrastructure, and blockchain technology to build the next chapter of tokenized fund distribution.”
Chainlink’s Capital Markets President Fernando Vazquez added that this is a “major milestone” for automating fund issuance and lifecycle management. He noted the project sets a benchmark for secure, transparent fund workflows in Hong Kong’s capital markets.
Global Impact
The project strengthens Hong Kong’s image as a hub for regulated digital assets. DigiFT’s Hong Kong CEO, Kevin Loo, highlighted, “By working alongside UBS and Chainlink, we are creating solutions that not only meet institutional standards but also strengthen Hong Kong’s position as a global hub for tokenized finance.”
Chainlink’s framework also means these tokenized products can connect across different blockchains, making them scalable worldwide. DigiFT will help validate and test the system to ensure it meets the needs of Hong Kong’s financial institutions.
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