SBI Digital Markets, UBS Asset Management, and Chainlink have completed a pilot program demonstrating the use of smart contracts to manage tokenized funds. The solution automates tokenized fund management processes and leverages Chainlink's infrastructure. It allows users to unlock blockchain capabilities for the $132 trillion assets under management market. The pilot showcased how fund managers can scale their products on-chain and across distributors using smart contracts and Chainlink's Cross-Chain Interoperability Protocol. The solution is live on various blockchain testnets and will soon go to mainnet. This development is part of the Monetary Authority of Singapore's 'Project Guardian.'



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