The pilot was run as part of the Monetary Authority of Singapore's Project Guardian.

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Chainlink, UBS Asset Management, Swift Complete Pilot to Extract Cash From Tokenized Funds

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The post Swift, UBS, and Chainlink Team Up to Transform Tokenized Fund Transactions appeared first on Coinpedia Fintech News Global financial messaging network, Swift, UBS Asset Management, and Chainlink have launched a groundbreaking pilot program to settle tokenized fund transactions. This...

CryptoPanic

Swift, UBS, and Chainlink Team Up to Transform Tokenized Fund Transactions

Financial giants Citi and Fidelity International announced the details of their first-of-its-kind proof-of-concept tokenized money market fund. Set …

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Citi and Fidelity Announce Tokenized Money Market Fund Launch at Singapore FinTech Festival

Swift, UBS, and Chainlink advance tokenized asset integration, enabling fiat settlement of digital fund transactions for global adoption. The post Swift, Chainlink and UBS pilot brings tokenized assets to traditional finance systems appeared first on Crypto Briefing.

Crypto Briefing

Swift, Chainlink and UBS pilot brings tokenized assets to traditional finance systems

Today, Swift, UBS Asset Management, and Chainlink announced the success of an innovative pilot for settling tokenized fund subscriptions and redemptions using the Swift network. This system would enable digital asset transactions to settle with fiat payment systems across more than 11,500 financial institutions in 200 countries and territories around the world. The pilot builds on work from UBS Asset Management and SBI Digital Markets to create …

Chainlink Today

New Pilot From Swift, UBS Asset Management, Chainlink Successfully Facilitates Tokenized Fund Settlements

Swift, Chainlink and UBS pilot brings tokenized assets to traditional finance systems 	    
Home » Ecosystem » Swift, Chainlink and UBS pilot brings tokenized assets to traditional finance systems   
Leveraging Swift’s network, the pilot reduces delays and costs in the $63 trillion mutual fund market through automation.  
Author: Sputnik News 
Key Takeaways 
Swift, UBS, and Chainlink completed a pilot for fiat settlement of tokenized fund transa…

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Swift, Chainlink And UBS Pilot Brings Tokenized Assets To Traditional Finance Systems

Swift, UBS Asset Management, and Chainlink have successfully completed a pilot for settling tokenized fund subscriptions and redemptions using the Swift network. This initiative would enable digital assets transactions to settle with fiat payment systems across more than 11,500 financial institutions, across over 200 countries and territories. Traditional fund operations often face inefficiencies in subscription and redemption processes, includi…

Fintech Finance

Swift, UBS Asset Management, and Chainlink Successfully Complete Innovative Pilot to Bridge Tokenized Assets With Existing Payment Systems

Swift, UBS Asset Management, and Chainlink have successfully completed a pilot for settling tokenized fund subscriptions and redemptions using the Swift network. This initiative would enable digital assets transactions to settle with fiat payment systems across more than 11,500 financial institutions, across over 200 countries and territories.

Financial IT

Swift, UBS Asset Management, and Chainlink Successfully Complete Innovative Pilot to Bridge Tokenized Assets with Existing Payment Systems

A pilot including the use of the Swift network to settle tokenised fund subscriptions and redemptions has been successfully concluded by Chainlink, UBS Asset Management, and Swift. This effort would allow digital asset transactions to be settled with fiat payment systems at a staggering 11,500 financial institutions in over 200 countries and territories. Manual interventions, delayed settlements, and a lack of real-time transparency are just a f…

Chainlink, UBS Asset Management, Swift Complete Pilot to Extract Cash From Tokenized Funds

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