Chainlink has announced a partnership with UBS and DigiFT. The aim is to achieve a seamless workflow for tokenized fund operations onchain. The process is now divided into three steps under the Digital Transfer Agent framework, laying the foundation for a broader adoption across Hong Kong. Meanwhile, LINK prices noted
Switzerland’s largest bank, UBS, has completed a successful proof of concept for its fractional gold investment product, UBS Key4 Gold. The project utilizes blockchain on ZKsync Validium, an L2 of the Ethereum network. With $5.7 trillion worth of assets managed to date, UBS stands at the forefront of integrating blockchain
UBS Asset Management is making waves in the digital finance world by launching its first-ever tokenized money market fund, the UBS USD Money Market Investment Fund Token (uMINT), starting in Singapore. This innovative fund, built on Ethereum’s distributed ledger technology, aims to provide investors with a secure and efficient cash
BOCI, a Chinese bank, has issued CNH 200 million in digitally structured notes. BOCI has issued the country’s first tokenized security on the Ethereum blockchain. Moreover, it has become the first bank in China to issue tokenized securities. According to the report, the new security was implemented through the collaboration
Switzerland Country’s second-largest private lender Credit Suisse Bank sold to UBS for $3 Billion. The Credit Suisse Group announced it entered a merger agreement with UBS today. Under the terms of the merger agreement, all the shareholders will get 1 share of UBS for 22.48 shares in Credit Suisse. According
The Swiss multinational investment bank and financial services company founded and based in Switzerland and also the largest private bank of the world, UBS-Union Bank of Switzerland announces it will soon start cryptocurrency-related services to its prior and top pier customers and clients. UBS is looking profusely into various aspects
