Chainlink, UBS Target $66 billion Market with Hong Kong Token Pilot

- Eliminating manual errors in tokenized fund flows. - Collaboration under Hong Kong’s Cyberport blockchain regulation sandbox. On September 12, 2025, a joint press release announced that Chainlink, UBS, and DigiFT have launched a pilot program in Hong Kong to automate the distribution, settlement, and management of tokenized financial products. The collaboration is part of the Cyberport Blockchain & Digital Asset Pilot Subsidy Scheme, a government-backed initiative driving Web3 and blockchain innovation. The pilot program aims to establish a regulated infrastructure using blockchain technology. The process begins when investors submit requests for UBS's tokenized products through DigiFT's smart contracts. Chainlink's Digital Transfer Agent contracts then verify and record the orders on the blockchain. As a result, this automated workflow improves operational efficiency and reduces the manual errors common in fund management processes. Tokenized assets gained significant traction in 2025, as the market capitalization for real-world asset (RWA) tokens reached $66 billion. This growth has attracted traditional finance leaders, such as BlackRock and Franklin Templeton, while cryptocurrency exchanges explore tokenized securities. The Hong Kong-based pilot builds on this momentum, offering a compliance-focused solution backed by blockchain technology. According to CoinMarketCap on September 12, Chainlink (LINK) was trading at $24.466 at 00:00 UTC, with its 24-hour trading volume changing by 3.852%. This price trend highlights growing market confidence and underscores the significance of Chainlink’s involvement in enabling the next phase for the $66 billion RWA market.