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ubs and swift showcase automated settlement of tokenized fund shares

UBS and Swift have showcased the automated settlement of tokenized fund shares, enhancing efficiency in the fund industry. Collaborating with Chainlink, they demonstrated how Swift's payment network can facilitate off-chain transactions for tokenized assets, addressing delays in manual processing. This initiative is part of Singapore's Project Guardian, aiming to integrate digital assets with existing payment systems.
11:13 07.11.2024
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