UBS and DigiFT collaborate to launch tokenized funds—Chainlink empowers the future of institutional finance

Chainlink has partnered with UBS and DigiFT to launch its first institutional tokenized funds on the blockchain, leveraging Chainlink's price information and capabilities for real-time pricing and execution. The program aims to provide institutional investors with transparent, secure and compliant access to tokenized assets, connecting traditional finance (TradFi) and decentralized finance (DeFi). These funds support partial ownership and can trade traditional low-liquid assets around the clock, which has reportedly attracted strong attention before going online.