- DigiFT, Chainlink, and UBS partner on a blockchain framework automating tokenized funds under Hong Kong’s Cyberport scheme.
- Institutional interest grows as Caliber buys LINK tokens and Grayscale files for Chainlink ETF.
DigiFT, a licensed exchange for tokenized real-world assets, confirmed that its joint project with Chainlink and UBS Tokenize has been approved under Hong Kong’s Cyberport Blockchain & Digital Asset Pilot Subsidy Scheme. The initiative is aimed at automating fund distribution, settlement, and lifecycle management for tokenized products.
Meanwhile, the partners noted that while tokenization has been positioned as a major step for the global asset management sector, valued at more than $132 trillion, issuing assets on-chain is only part of the solution. The project focuses on creating a regulated blockchain framework to cut manual errors and costs while improving efficiency in processing.
We’re excited to announce that Chainlink, @UBS (global wealth manager with $5.9 trillion AUM), and @DigiFTTech (regulated RWA exchange) have partnered to automate tokenized fund operations onchain under the Hong Kong government’s Cyberport program. https://t.co/vUei3jWXkW
The… pic.twitter.com/ZACnqwP3da
— Chainlink (@chainlink) September 11, 2025
In practice, investors will send subscription and redemption requests for UBS tokenized products through DigiFT’s distributor smart contracts. Chainlink’s Digital Transfer Agent contracts will then process and record these orders on-chain, linking them to UBS tokenized product contracts developed under Capital Markets Technology Association standards.
Henry Zhang, Founder and CEO of DigiFT, said,
“Through this project, we are combining institutional partners, regulated infrastructure, and blockchain technology to build the next chapter of tokenized fund distribution.”
Fernando Vazquez, President of Capital Markets at Chainlink Labs, commented,
“By integrating DigiFT’s regulated smart contracts and UBS’s tokenized product smart contracts with Chainlink’s framework, we’re enabling a transformative new model for institutional fund distribution.”
Building a Regulated Base in Hong Kong
The approval comes as DigiFT expands its regulated presence in Asia, following recent licensing by the Hong Kong Securities and Futures Commission. DigiFT already holds dual licenses in Singapore and Hong Kong, placing it among the few exchanges to operate in both markets.
Kevin Loo, CEO of Hong Kong for DigiFT, noted,
“Hong Kong is rapidly emerging as a leading center for regulated digital assets, and our project’s selection under the scheme reflects DigiFT’s commitment to building long-term infrastructure in the city.”
Chainlink’s Digital Transfer Agent framework is designed to link multiple blockchains, making tokenized funds compliant in Hong Kong and adaptable for global use. DigiFT will provide commercial input to ensure that the system matches local requirements on compliance and interoperability.
Chainlink’s Growing Institutional Reach
Chainlink continues to attract institutional attention. Caliber, a Nasdaq-listed real estate and digital asset management firm, recently announced its first LINK purchase as part of a digital asset treasury program. The company said it expects to expand these holdings using a mix of cash reserves, securities, and credit facilities.
As we reported, Grayscale has also filed for a Chainlink ETF under the ticker GLNK on NYSE Arca, following a similar application by Bitwise. Other asset managers, including 21Shares, WisdomTree, and Canary Capital, have also submitted filings for altcoin-based ETFs. Decisions on these applications are expected in October.
Consequently, LINK price is trading at around $24 at press time, showing a 13% increase over the past month and 2% in the past 24 hours.
