The institutional-level tokenized RWA exchange DigiFT's joint project with Chainlink and UBS Tokenize has been approved for funding under the Hong Kong Cyberport Blockchain and Digital Asset Pilot Funding Scheme.

Odaily News DigiFT, an institutional-grade tokenization exchange for real-world assets (RWA), today announced that its joint project with the industry-standard Oracle Machine platform Chainlink and UBS's internal tokenization service UBS Tokenize has been approved under the Hong Kong Digital Port Blockchain and digital asset pilot funding program. DigiFT, Chainlink, and UBS are developing a regulated blockchain infrastructure aimed at automating and streamlining the distribution, settlement, and lifecycle management of tokenized products, reducing human errors and significantly saving costs. As part of the project, DigiFT is validating the infrastructure and providing commercial feedback to ensure the system meets the compliance, scalability, and interoperability requirements of Hong Kong financial institutions.