Chainlink partners with UBS to complete a tokenization fund pilot.

On September 30, according to Coindesk, Chainlink recently announced the development of an innovative technical solution that enables banks to interact with tokenized investment funds through the SWIFT network. This breakthrough, based on the SWIFT interbank messaging system (the core infrastructure of the traditional financial system), was validated in a pilot project with UBS Group. In UBS's testing scenario, the Chainlink Runtime Environment (CRE) successfully executed the subscription and redemption operations for the tokenized fund by processing ISO 20022 standard messages (the international financial communication standard adopted by SWIFT). According to the technical process disclosed by Chainlink to CoinDesk, when the CRE receives a SWIFT message, the blockchain workflow is directly triggered by UBS's existing system, which then executes on-chain subscription or redemption instructions through the Chainlink digital transfer agent. This solution allows Financial Institutions to continue using existing tools like SWIFT to access blockchain infrastructure, while Chainlink's technology stack is responsible for handling subsequent on-chain operations. This pilot is based on the preliminary results of the "Guardian Project" led by the Monetary Authority of Singapore, and the new breakthrough has achieved interoperability for institutions to directly trigger on-chain events through SWIFT messages.