UBS is entering the next stage of tokenized finance. Credit: Smith Collection/Gado/Getty Images. Key Takeaways UBS has executed its first tokenized fund transaction with the entire asset lifecycle managed on-chain. The successful transaction leveraged Chainlink’s Digital Transfer Agent. As tokenization gains momentum, banks are expanding their services beyond issuance to include settlement, subscriptions, and redemption. As blockchain technology transforms the global financial system, UBS is at the ...