Chainlink LINK Powers World’s First Fully Automated Tokenized Fund in Regulated Finance Milestone
Hong Kong's Cyberport Blockchain & Digital Asset Pilot Subsidy Scheme has facilitated a major advancement in regulated digital finance. DigiFT, UBS, and chainlink have successfully launched an automated tokenized fund pilot, showcasing complete on-chain workflows for institutional financial operations.
This initiative utilizes Chainlink's Digital Transfer Agent (DTA) standard and Runtime Environment to automate subscription, redemption, and compliance processes. It represents the first production-grade implementation of smart contract-driven fund operations within a fully regulated framework.
By transitioning manual processes to programmable workflows, the solution maintains real-time auditability while significantly reducing operational inefficiencies. The accompanying whitepaper demonstrates how this innovative model satisfies regulatory requirements while preserving blockchain's inherent efficiency benefits.
