Swiss investment bank UBS has successfully completed its first on-chain tokenized fund redemption using Chainlink's Digital Transfer Agent (DTA) smart contract. The transaction involved uMINT, a token representing UBS's USD Money Market Investment Fund, and was conducted entirely on a blockchain. This marks a significant advancement in integrating blockchain technology into traditional finance. DigiFT, an institutional tokenized asset exchange, facilitated the on-chain distribution, highlighting the potential of tokenization to improve efficiency, transparency, and automation in financial operations.