Chainlink, UBS, and DigiFT Forge Landmark Partnership to Automate Tokenized Funds in Hong Kong
Hong Kong's digital asset ecosystem just scored a major institutional win—and it's happening on-chain.
The Game-Changing Alliance
Chainlink, UBS, and DigiFT are joining forces to automate tokenized fund operations in one of Asia's premier financial hubs. This isn't just another pilot—it's a full-scale deployment aimed at streamlining everything from NAV calculations to dividend distributions using blockchain oracles and smart contracts.
Why It Matters
Tokenization bridges traditional finance with decentralized infrastructure—and automation cuts settlement times from days to seconds. Hong Kong's regulatory clarity makes it the perfect testing ground for scaling this tech globally.
The Bottom Line
Institutions are finally moving beyond talk and into execution—deploying real solutions that bypass legacy intermediaries. Because let's be honest: if blockchain doesn't make finance faster and cheaper, what's the point? Another round of 'innovation theater' for shareholders? This partnership suggests otherwise—building infrastructure that might actually justify the hype.
Asset tokenization
According to the statement, the three firms’ initiative focuses on replacing manual processes in fund operations with blockchain-based automation.
The system is expected to reduce errors, streamline transfers, and lower costs across the $132 trillion global asset management sector by embedding smart contracts into each stage, from issuance to redemption.
UBS will contribute its proprietary UBS Tokenize platform, while Chainlink brings in its Digital Transfer Agent, a tool that validates and records transactions on-chain. DigiFT, licensed in Singapore and Hong Kong, will provide the regulated distribution channel.
These components are designed to allow investors to place orders and withdrawals through smart contracts that automatically trigger the required actions on UBS’s tokenized funds.
Chainlink Labs executive Fernando Vazquez described the project as a landmark for the industry. He said the integration shows how fund issuance and lifecycle management can be automated in a way that remains compliant and transparent within Hong Kong’s financial system.
According to him, the framework demonstrates what future capital markets could look like once blockchain technology is fully embedded into their operations.
If successful, the collaboration could accelerate the speed at which tokenized financial products MOVE from pilot programs to mainstream investment offerings.