Investment bank UBS has revealed that it has completed what it describes as its first end-to-end tokenized fund transaction using the Chainlink Digital Transfer Agent (DTA) technical framework. The development is being viewed by the bank as a significant step in the ongoing adoption of blockchain infrastructure within traditional financial markets. It follows a pilot conducted in November of the previous year, where UBS worked with Swift and Chainlink to test tokenized fund settlements through the Swift network.
The latest transaction was executed through UBS Tokenize, the bank’s internal initiative focused on digital asset solutions, in partnership with DigiFT, a regulated decentralized exchange specializing in real-world asset tokenization. Both parties demonstrated how core fund activities—such as order processing, execution, settlement, and data alignment—can be managed entirely through blockchain mechanisms.
uMINT Fund Used in Live On-Chain Demonstration
The live execution involved the UBS USD Money Market Investment Fund Token, known as uMINT, which is built on the Ethereum blockchain. Leveraging the Chainlink DTA standard, DigiFT operated as the authorized on-chain distributor and successfully processed subscription and redemption requests for the tokenized fund. The transaction is being positioned as the first in-production demonstration of a fully automated lifecycle for a tokenized investment fund.
The standardized workflow is intended to offer financial institutions a secure and compliant method of handling fund transactions in real time. By enabling synchronized communication between blockchain-based and traditional financial systems, the DTA protocol is designed to enhance transparency, reconciliation, and operational efficiency.
We’re excited to announce that @UBS has successfully completed the world’s first in-production, end-to-end tokenized fund workflow leveraging the Chainlink Digital Transfer Agent (DTA) technical standard.https://t.co/h5wCdqaXIh
UBS—one of the world’s largest private banks with… pic.twitter.com/smfbwOptx4
— Chainlink (@chainlink) November 4, 2025
UBS stated that smart contract-based standards such as DTA have the potential to modernize fund administration while improving the investor experience. The bank added that its UBS Tokenize initiative is focused on applying its institutional expertise to support new digital strategies and emerging client demands.
Chainlink and DigiFT Highlight Institutional Readiness
Chainlink’s leadership indicated that the initiative demonstrates how tokenized assets can be supported through secure, compliant, and scalable processes suitable for institutional use. The company views the development as a benchmark for the next phase of blockchain-enabled finance.
DigiFT emphasized that acting as the on-chain distributor for uMINT showcased the capability to execute and reconcile fund movements in real time on blockchain rails. The firm added that integrating the DTA standard allows seamless subscription and redemption processes linked directly to institutional custody systems.
Toward a Tokenized Capital Market Future
UBS has suggested that the execution of the uMINT tokenized fund marks a meaningful advancement in the digital evolution of capital markets. The bank highlighted that combining Chainlink’s standardized infrastructure with DigiFT’s on-chain distribution model demonstrates that regulated institutions can participate effectively and securely in blockchain-based ecosystems.
The uMINT product, a tokenized representation of the UBS USD Money Market Fund, is now being held up as an example of how conventional financial instruments can transition into digital formats without compromising regulatory safeguards. UBS views this development as part of a broader shift toward a tokenized financial landscape where automation, security, and transparency redefine how capital flows are managed across global markets.
