UBS brings fund redemptions onchain in live Chainlink test

Crypto NewsTuesday, November 4, 2025 at 2:30:00 PM
UBS brings fund redemptions onchain in live Chainlink test
UBS has successfully completed its first live transaction for a tokenized money market fund using Chainlink's technology on the Ethereum blockchain. This innovative approach allows for direct processing of subscription and redemption orders, marking a significant step in the evolution of fund management. By bringing fund redemptions on-chain, UBS is not only enhancing efficiency but also setting a precedent for the future of financial transactions, which could lead to greater transparency and accessibility in the investment landscape.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Anti-CZ Whale Scores Nearly $100M On ASTER And Altcoin Shorts As Market Sells Off
NegativeCryptocurrency
The cryptocurrency Aster faced significant selling pressure after a brief price surge sparked by Binance founder Changpeng Zhao's endorsement. While his comment initially boosted the token's value, the excitement quickly faded as the overall market weakened, leading to a sharp decline in Aster's price, erasing most of its gains.
Chainlink's LINK Tumbles 6% as Technical Breakdown Trumps UBS, FTSE Partnership
NegativeCryptocurrency
Chainlink's LINK has seen a significant drop of 6% due to a technical breakdown, overshadowing the recent partnership with UBS and FTSE. Investors are concerned about the implications of this decline on the cryptocurrency's future.
Shiba Inu Team Issues Last Chance To Shibarium Hacker Before Time Runs Out
PositiveCryptocurrency
The Shiba Inu team is taking decisive action against the Shibarium hacker by issuing a final ultimatum and offering a 20 ETH bounty for the return of stolen funds. This move not only highlights the community's commitment to security but also aims to recover lost assets, which is crucial for maintaining trust among users. By directly communicating with the attacker through Ethereum messages, the team is showing a proactive approach to resolving the situation, which could have positive implications for the project's future.
Crypto Meltdown Deepens: $90B Vanishes in an Hour as Traders Face $1.3B in Forced Liquidations
NegativeCryptocurrency
The crypto market is experiencing a significant downturn, with over $90 billion in value disappearing in just one hour. This sharp sell-off has resulted in more than $1.3 billion in forced liquidations as traders are unable to maintain their leveraged positions. Bitcoin has fallen below $105,000, continuing a troubling trend that began last week, while major altcoins like Ethereum, Solana, and XRP are also suffering. This situation is crucial as it highlights the volatility of the crypto market and the risks involved for investors.
Nasdaq CEO Adena Friedman Outlines 3 Ways Blockchain Can Fix Finance
PositiveCryptocurrency
Nasdaq CEO Adena Friedman recently shared her insights on how blockchain technology can revolutionize the finance sector. She outlined three key ways it can enhance transparency, efficiency, and security in financial transactions. This is significant as it highlights the potential for blockchain to address longstanding issues in finance, making it more accessible and trustworthy for everyone.
10x Research sees shorting Ether as a Bitcoin hedge
NeutralCryptocurrency
10x Research has highlighted that Ethereum is facing structural risks as Bitcoin continues to attract the majority of institutional investment. This situation positions ETH as a potential short hedge in a cautious market. Understanding these dynamics is crucial for investors looking to navigate the cryptocurrency landscape effectively.
Chainlink Introduces CRE to Fast-Track Institutional Tokenization
PositiveCryptocurrency
Chainlink has launched a new initiative called CRE aimed at accelerating the tokenization process for institutional assets. This move is significant as it opens up new avenues for investment and liquidity in the digital asset space, making it easier for institutions to participate in blockchain technology. By streamlining tokenization, Chainlink is positioning itself as a leader in the evolving landscape of digital finance, which could lead to increased adoption and innovation in the industry.
After $1Bn BTC Whale Sale, Will Bitcoin Stabilize and Ethereum’s Ecosystem Priorities Boost Confidence?
NeutralCryptocurrency
Bitcoin's recent $1 billion whale sale has left traders questioning whether this marks a deeper decline or just a temporary pause in its price movement. After experiencing its first negative October in six years, the cryptocurrency enters November with uncertainty. The situation is crucial as it could influence market confidence, especially regarding Ethereum's ecosystem priorities. Understanding these dynamics is essential for investors looking to navigate the volatile crypto landscape.
Latest from Cryptocurrency
Bitcoin Nosedives as a Socialist Prepares to Take Over New York City and Fears of an AI Bubble Spark a Sell-Off in Stocks
NegativeCryptocurrency
Bitcoin has taken a significant downturn as concerns rise over a socialist potentially taking control of New York City, coupled with fears of an AI bubble leading to a stock sell-off. Investors are reacting to these developments, causing a ripple effect in the market.
YouTube’s brief XRP strike revives ‘crypto purge’ memories
NegativeCryptocurrency
YouTube recently removed XRP commentator Oscar Ramos's coverage of a significant industry event, citing a violation of community standards. This incident has sparked memories of past 'crypto purges' on the platform, raising concerns among content creators and crypto enthusiasts.
Bitcoin Price Falls Under $100,000: Elliott Wave Analysis Forecasts Decline To $70,000
NegativeCryptocurrency
Bitcoin's price has fallen below $100,000 for the first time since June, with market expert Lark Davis calling the sell-off 'absolutely relentless.' Factors like ETF selling activity are contributing to this downturn, and analysts are forecasting a potential decline to $70,000.
XRP Ledger’s Dual Utility Could Make It a Breakout ETF Play, Experts Argue
PositiveCryptocurrency
Experts are optimistic about the XRP Ledger's dual utility, suggesting it could be a strong candidate for a breakout ETF. With its unique features and growing adoption, the XRP Ledger is gaining attention in the financial markets.
Ripple Turns To Big Business, Buys Palisade To Spark Global Crypto Use
PositiveCryptocurrency
Ripple has made a significant move by acquiring Palisade, a London-based company specializing in wallet-as-a-service and institutional custody solutions. This acquisition is set to enhance Ripple's offerings for corporations and fintech clients looking for efficient wallet and custodial services.
Dogecoin Volume Spike To $2 Billion Might Be Bearish, Here’s Why
NegativeCryptocurrency
Dogecoin is facing significant challenges as its trading volume spikes to $2 billion, raising concerns among analysts. While this surge might seem positive at first glance, the reality is more bearish, with large holders selling off their assets and retail interest declining. As DOGE prices hover near critical support levels after a recent drop, experts caution that a further downtrend could be on the horizon.