DigiFT, Chainlink, and UBS Launch Automated Management of Tokenized Funds in Hong Kong

DigiFT, a tokenized real-world asset (RWA) exchange for institutional investors, announced on the 11th that their joint project with Chainlink and UBS has been approved under the Cyberport Blockchain and Digital Asset Pilot Subsidy Scheme in Hong Kong. Chainlink is the industry standard for oracle platforms, while UBS is one of the largest Swiss financial groups globally. This project aims to digitally transform the $132 trillion global asset management industry. It focuses on automating the delivery, payment, and lifecycle management of tokenized funds, reducing human errors and significantly cutting costs.