Swift, UBS and Chainlink aim to modernize traditional finance by enhancing tokenized fund processes with blockchain.
In a key development under the Monetary Authority of Singapore’s (MAS) Project Guardian, Swift, UBS Asset Management and blockchain oracle network Chainlink have completed a pilot for tokenized fund settlement.
This initiative uses Swift’s global financial messaging network — encompassing over 11,500 institutions — to integrate tokenized fund processes with existing fiat payment systems.
Unlike other tokenization pilots, the project enables transactions without blockchain-only payment options, promoting digital finance through existing infrastructure.
