Leading Swiss bank UBS has taken a major step towards institutional blockchain by completing the first live tokenized funds transaction on the Ethereum network, marking a landmark demonstration of blockchain’s real-world utility. By embedding fund operations on blockchain rails, UBS is demonstrating that tokenization can remove payment friction, increase transparency, and expand access to digital asset markets.
How is institutional adoption of Ethereum accelerating?
In the echelon of global finance and true innovation, legendary Swiss banking giant UBS has announced the completion of its first live tokenized fund transaction on the Ethereum blockchain. According to a CryptoGucci post on X, UBS achieved the first on-chain redemption of tokenized funds using Chainlink’s Digital Transfer Agent (DTA). This agreement marks a milestone in blockchain infrastructure for the $100 trillion funds industry.
The transaction included tokenized UBS USD Money Market Investment Fund Tokens (uMINT) on the ETH blockchain. This achievement is designed to drive unprecedented operational efficiencies and unlock new possibilities for product mix within the traditionally rigid funds industry. Meanwhile, UBS’s proprietary tokenization platform leads the field, a platform designed to automate key functions.
As stated by Mike Dargan, Chief Operating Officer and Head of Technology at UBS, this transaction marks an important milestone as smart contract-based technology and advanced technical standards are poised to improve fund operations and investor experience.
Ethereum is entering a new era of the supercycle, and the current ETH price does not reflect the significant improvements in underlying infrastructure over the past few months. A full-time stock investor and trader known as StockTrader_Max points out that the current situation won’t last much longer considering ETH’s chart over the past eight years. It also shows that ETH’s uptrend over the past five years is in a correction phase and perhaps nearing an end.
However, this breakout will not emerge until the end of 2025. Patient traders and investors will benefit exponentially from the inevitable supercycle that is approaching. This breakout comes as Wall Street and the broader financial industry embrace the blockchain space and begin building on top of ETH.
The repo market has sent a signal.
Quinten Francois, co-founder of weRate_Official, host of CoinCompassHQ, and Forbes 30U30 bestselling author, reveals that the repo market has just collapsed. The Fed just recently conducted an overnight repo operation, injecting a staggering $29.4 billion into the banking system, the most since the turmoil of 2020.
In 2019, this very scenario triggered a $255 billion emergency liquidity injection, followed by $6 trillion in quantitative easing (QE) after the coronavirus pandemic conveniently emerged. “Ignore the noise, because this is how all major liquidity cycles begin,” Francois said.
