Chainlink and UBS Propel $100 Trillion Fund Sector Into Tokenization Era Through Swift Collaboration
Chainlink is making significant strides in the tokenization of the investment fund industry, collaborating with UBS to streamline interactions between banks and tokenized assets using the Swift messaging system, a cornerstone of traditional finance. In a pilot program with the Swiss banking giant, Chainlink has introduced its Runtime Environment (CRE), which proficiently manages the processing of subscriptions and redemptions for tokenized funds. The initiative leverages ISO 20022 messages, which represent the international standard for financial messaging within Swift’s framework, paving the way for seamless integration between conventional banking systems and blockchain technology. The innovative setup allows banks to tap into












