The joint project of the institutional tokenized RWA exchange DigiFT, Chainlink and UBS UBS Tokenize has been approved by the Hong Kong Cyberport Blockchain and Digital Assets Pilot Funding Program

Odaily Planet Daily News Agency-level tokenized real-world assets (RWA) exchange DigiFT today announced that its joint project with industry-standard oracle platform Chainlink and UBS's internal tokenization service UBS Tokenize has been approved by the Hong Kong Cyberport Pilot Funding Program. DigiFT, Chainlink and UBS are developing a regulated blockchain infrastructure designed to automate and simplify the distribution, settlement and lifecycle management of tokenized products, reduce manual errors and save costs. As part of the project, DigiFT is validating the infrastructure and providing commercial feedback to ensure that the system complies with the compliance, scalability and interoperability requirements of Hong Kong financial institutions.