UBS, Chainlink, DigiFT Team Up to Automate Tokenized Funds in Hong Kong

TLDR:

• UBS will manage tokenized products on DigiFT’s exchange using Chainlink’s Digital Transfer Agent smart contracts.
• The system automates issuance, redemption, and transfers, reducing errors and operational costs for fund managers.
• DigiFT’s dual licenses in Singapore and Hong Kong support regulated distribution of tokenized products across Asia.
• Chainlink’s framework is blockchain-agnostic, enabling tokenized funds to operate across multiple networks.

Big names in crypto and finance are joining forces to change how tokenized funds work in Hong Kong. Chainlink, UBS, and DigiFT are collaborating on a project to automate fund lifecycles through blockchain technology. 

The initiative is part of the city’s Cyberport Blockchain & Digital Asset Pilot Subsidy Scheme, which supports innovation in regulated digital finance. It aims to cut down on manual errors, lower costs, and simplify processes for investors and fund managers. The move strengthens Hong Kong’s position as a hub for tokenized asset development.

Chainlink and UBS Partner on Tokenized Product Automation

According to DigiFT’s official release, the collaboration brings UBS Tokenize, DigiFT’s regulated smart contract infrastructure, and Chainlink’s Digital Transfer Agent framework together under one system. This setup automates issuance, redemption, and transfer of tokenized products, which traditionally require manual steps.

Investors can place subscription or redemption orders directly through DigiFT’s smart contracts. 

Chainlink’s framework then processes these requests automatically and triggers updates on UBS’s tokenized product contracts. This structure reduces administrative overhead and ensures transparent record-keeping on-chain.

DigiFT’s Hong Kong CEO Kevin Loo stated that combining regulated infrastructure with blockchain technology supports global standards for tokenized fund distribution. The company recently obtained licensing from the Hong Kong Securities and Futures Commission, which enables it to offer compliant distribution in the region.

The partners said the project aligns with the Capital Markets Technology Association token standards, ensuring compatibility with industry best practices. They described this as a step toward scalable and secure fund operations that can expand globally.

Blockchain-Agnostic System Designed for Global Use

Chainlink Labs said its Digital Transfer Agent framework supports deployment across multiple blockchains. This flexibility means the same process can run on different networks without losing compliance or functionality.

DigiFT confirmed it is stress-testing the system for scalability and security, sharing commercial feedback with partners to fine-tune the rollout. Henry Zhang, founder and group CEO of DigiFT, emphasized that Cyberport is central to Hong Kong’s digital transformation efforts and that the project moves financial infrastructure closer to full automation.

Beyond this partnership, Chainlink continues to expand its integrations. Recent moves include launching its Cross-Chain Interoperability Protocol on Aptos and powering real-time market data for over 300 assets on Sei Network.

BSCNews first reported the collaboration, underscoring the growing momentum in Hong Kong’s regulated digital asset sector. With UBS’s $5.9 trillion in assets under management and Chainlink’s tech stack, the project carries institutional weight that may drive further adoption.

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