Swift, UBS Asset Management, and Chainlink have successfully completed a pilot program to settle tokenised fund transactions, integrating digital assets with traditional fiat payment systems. This initiative aims to streamline fund subscriptions and redemptions, addressing inefficiencies in the USD 63 trillion mutual fund market. By leveraging Swift's infrastructure, the project enhances secure and scalable transactions across various digital asset classes, paving the way for broader adoption of digital assets in the financial ecosystem.