Big McSpliff 3.0 - $APU 🐸 🦵🏾$LINK ⛓️⛓️⛓️⛓️⛓️

Banks. Wall Street. Stablecoins. Governments. Capital Markets. Tokenized Assets. Washington, D.C. Chainlink Everything.

We’re excited to announce a landmark technical solution enabling financial institutions worldwide to manage digital asset workflows directly from their existing systems using Swift (@swiftcommunity) messaging and Chainlink in collaboration with @UBS. prnewswire.com/news-releases… With Swift messages and the Chainlink Runtime Environment (CRE), banks and institutions can seamlessly access blockchains through the same Swift infrastructure they have relied upon for decades. The first use case involved UBS Tokenize, the tokenization unit of one of the world’s largest private banks with over $6 trillion in assets under management. Subscriptions and redemptions for a tokenized fund smart contract from UBS were triggered using ISO 20022 messages through CRE and Swift infrastructure. CRE received the Swift messages, which then triggered subscription and redemption workflows in the newly launched Chainlink Digital Transfer Agent (DTA) technical standard. This new plug-and-play solution shows how transfer agents, financial institutions, and other entities can manage tokenized asset workflows onchain without upgrading to new infrastructure, replacing their existing processes, or integrating new identity and key management solutions.

We're excited to have Swift as a Title sponsor of this year's SmartCon. The equivalent of the world’s GDP passes over the Swift network around every three days, across 150 currencies, 40,000 corridors, 4 billion accounts, and over 200 countries and territories.