In a move that sounds like the future waving hello, UBS and Chainlink just pulled off the very first on-chain redemption of a tokenized fund.
This marks a milestone in the colossal $100 trillion fund industry.
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UBS USD Money Market Investment Fund Token
On November 3, 2025, UBS executed this slick blockchain maneuver using Chainlink’s Digital Transfer Agent standard, cutting through traditional fat layers of finance with the precision of a crypto samurai.
The star player is the uMINT, the UBS USD Money Market Investment Fund Token. Launched on Ethereum just last October, uMINT is essentially a blockchain-native money market fund, making money markets look less stodgy and more 21st century.
DigiFT played its role as the on-chain distributor, while the token got busy trading on platforms like DigiFT itself, Bybit, and KuCoin, doubling as collateral and an asset.
The usual old-world financial slog took a bye-bye as the redemption, subscription, collateral check, settlement, then token burn, went down fully automated, no humans needed to untangle paperwork or make awkward calls.
Transparent, quick process
Chainlink’s secret sauce? Its DTA taps into several smart protocols, like CCIP for interoperability across blockchains, ACE for verifying collateral, NAVLink to fetch net asset values, and CRE to seal redemption deals.
The whole process is streamlined, transparent, and quicker than a caffeine-fueled trader at peak hours.
UBS’s COO/CTO Mike Dargan and Chainlink co-founder Sergey Nazarov were right there to tick off the boxes and rubber-stamp the success.
Legitimate, rule-abiding transactions
Now, the regulatory game is no afterthought here, DigiFT is licensed by the Singapore Monetary Authority and Hong Kong’s Securities and Futures Commission.
This stamp means institutional on-chain fund operations have entered the realm of regulated finance, turning what could’ve been a grey zone operation into a legitimate, rule-abiding transaction.
The implications? Massive. This first-ever on-chain redemption acts as a launchpad for tokenizing a wider range of assets, experts say think derivatives, commodities, fixed income, everything, across that mammoth $100 trillion market.
Finance is stepping out of its dusty ledger-cave and into the blockchain spotlight, and UBS with Chainlink just opened the door.
Editor’s Take:
The partnership between UBS and Chainlink is more than a tech headline — it’s a glimpse into the next financial era.
What used to take days of red tape and human intervention was done here by smart contracts in minutes.
The fact that major regulators like Singapore’s MAS and Hong Kong’s SFC are already on board gives this move serious weight.
We’re not just tokenizing funds — we’re rewriting the rulebook of global finance.
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Cryptocurrency and Web3 expert, founder of Kriptoworld
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With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.
📅 Published: November 5, 2025 • 🕓 Last updated: November 5, 2025
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