Ethereum Adoption Accelerates: UBS Powers Live Fund Transactions On-Chain — What This Means

Swiss banking giant UBS has taken a major step toward institutional blockchain by completing its first live tokenized fund transaction on the Ethereum network, a landmark demonstration of blockchain’s real-world ￰0￱ bringing fund operations into blockchain rails, UBS demonstrates how tokenization can eliminate settlement friction, improve transparency, and expand access to digital asset ￰1￱ Institutional Adoption Of Ethereum Is Accelerating In the echelons of global finance and true innovation, UBS, the legendary Swiss banking giant, has announced the completion of the first live tokenized fund transaction on the Ethereum ￰2￱ to CryptoGucci’s post on X, UBS has achieved the first on-chain redemption of a tokenized fund using Chainlink’s Digital Transfer Agent (DTA).

This agreement marks a milestone in blockchain infrastructure for the $100 trillion fund ￰3￱ Reading: Ethereum Demand Climbs As Monthly Transactions Hit New All-Time High The transaction involved the tokenized UBS USD Money Market Investment Fund Token (uMINT) on the ETH ￰4￱ achievement is engineered to drive unprecedented operational efficiencies and unlock new possibilities for product composability within the traditionally rigid fund industry. Meanwhile, UBS’s proprietary tokenization platform is leading this charge, a platform designed to automate key ￰5￱ articulated by Mike Dargan, UBS Chief Operating Officer and Technology Officer, this transaction represents a key milestone in how smart contract-based technologies and advanced technical standards are poised to enhance fund operations and the investor ￰6￱ is entering a new era of a super-cycle, where the current price of ETH does not reflect the monumental improvements in its fundamental infrastructure over the past several months.

A full-time stock investor and trader, known as StockTrader_Max, has noted that the current situation won’t last much longer, due to the 8-year historical chart of ￰7￱ also shows that the ETH uptrend over the past 5 years has been in a consolidation phase that’s likely nearing its end. However, this breakout won’t emerge before the end of ￰8￱ traders and investors who are patient will benefit exponentially from the super-cycle that is inevitably ￰9￱ breakout will occur as Wall Street and the broader financial industry adopt the blockchain space and start building on ￰10￱ Repo Market Just Flashed A Signal Co-founder of weRate_Official, Host of CoinCompassHQ, and bestselling author at Forbes 30U30, Quinten Francois, has revealed that the repo market had just ￰11￱ Federal Reserve just executed an overnight repo operation, injecting a staggering $29.4 billion into the banking system, which is the biggest since the chaos of ￰12￱ Reading: Ethereum Emerges As The Sole Trillion-Dollar Institutional Store Of Value — Here’s Why In 2019, this exact scenario triggered an emergency liquidity injection of $255 billion, followed by $6 trillion in Quantitative Easing (QE) after the COVID pandemic conveniently appeared.

“Ignore the noise, because this is how every major liquidity cycle begins,” Francois ￰13￱ image from iStock, chart from ￰14￱