US EditionChainlink, UBS Advance $100T Fund Industry Tokenization via Swift Workflow
The pilot enables banks to manage tokenized fund workflows on blockchain using existing Swift infrastructure, targeting the $100 trillion global fund industry to improve efficiency and transparency.
- On September 30, 2025, Chainlink, Swift and UBS launched a Frankfurt pilot linking Swift ISO 20022 messages to Chainlink's Runtime Environment, tested with UBS Tokenize.
- The effort responds to long-standing frictions in mutual funds, building on Project Guardian and prior MAS pilots to address delays and high costs in the $100 trillion fund industry.
- The integration processes ISO 20022 messages and CRE receives Swift messages to trigger on-chain actions via the Chainlink Digital Transfer Agent standard, while cash settles off-chain through Swift.
- Banks will be able to keep existing identity and key management systems while the UBS pilot showed that institutions can avoid costly upgrades and reduce reconciliation and compliance processes.
- Momentum is visible as Chainlink advances related pilots, with 24 global banks and infrastructure providers tackling the $58 billion corporate actions problem alongside DTCC, Euroclear and more than 30 global banks.
23 Articles
23 Articles
PR Newswire
Fintech FinanceChainlink Advances Tokenized Fund Workflows With Swift Messaging in Collaboration With UBS
/PRNewswire/ -- Chainlink announced today a landmark technical solution enabling financial institutions worldwide to manage digital asset workflows directly...
Tokenization is no longer just theory – it is now being tried out in real financial processes. $Chainlink and Swift have teamed up with UBS Tokenize to test a system that allows banks to handle fund drawings and withdrawals directly on chain without exchanging their existing infrastructure. By combining Swift's trusted news network with Chainlink's Smart Contract environment, collaboration shows how the fund industry could go step by step toward…
Chainlink and Swift Unlock Seamless Tokenized Fund Workflows to Revolutionize the $100T Fund Industry
Chainlink has announced a breakthrough that can potentially revolutionize how financial institutions deal with digital assets. Taking advantage of both Chainlink Runtime Environment (CRE) and a combination of Swift and ISO 20022 messaging standard, now institutions can easily address tokenized fund subscription and redemption processes through their existing systems. We’re excited to announce a landmark technical solution enabling financial ins…
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