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Chainlink Partners with UBS and DigiFT to Expand RWA Tokenization in Greater China
Chainlink Partners with UBS and DigiFT to Expand RWA Tokenization in Greater China
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BTCCSquare news:
Chainlink is collaborating with UBS and DigiFT to develop a regulated platform for tokenized financial products in Greater China, leveraging blockchain technology to modernize asset management. The initiative aims to streamline access to tokenized stocks, bonds, and funds while reinforcing Hong Kong's position as a digital finance hub.
Tokenization of real-world assets—a market exceeding $130 trillion globally—is gaining traction as institutions seek efficiency and cost reduction. Chainlink's decentralized oracle network and Digital Transfer Agent (DTA) will underpin the infrastructure, ensuring secure integration with smart contracts.
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