Chainlink LINK Makes Waves as UBS Integration Revolutionizes Tokenized Fund Management
Chainlink, the industry-leading Oracle platform, has announced a transformative collaboration with banking giant UBS to simplify tokenized fund operations. The integration combines Swift messaging with Chainlink's Runtime Environment (CRE), allowing financial institutions to handle blockchain transactions through existing Swift networks.
This breakthrough removes the requirement for system overhauls or additional identity verification tools, representing a major step forward in institutional crypto adoption. UBS Tokenize acted as the pilot partner, successfully testing the solution in live banking scenarios.
The partnership highlights accelerating convergence between traditional finance and decentralized technology, with chainlink cementing its position as the critical bridge between legacy systems and next-gen asset management infrastructure.