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Chainlink's LINK rises as DigiFT and UBS fund launch a pilot tokenization in Hong Kong

Source: CoinWorld
Chainlink's LINK token rose 2.5% to $24. Earlier, the oracle provider announced a joint project with DigiFT and UBS to automate the operations of Hong Kong tokenized funds. The project has been approved by the Hong Kong Digital Port Blockchain and Digital Assets Pilot Funding Program, and will use smart contracts to simplify the distribution, settlement and management of tokenized financial products, thereby reducing manual processes and operational risks. In addition, Chainlink extends its cross-chain interoperability protocol to the Aptos blockchain, enhancing connectivity between DeFi and enterprise financial solutions.
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