Visa, ANZ Complete Cross-Border Tokenized Fund Settlement Pilot Using Chainlink CCIP

Visa, ANZ, ChinaAMC and Fidelity International completed a cross-border settlement pilot for a tokenized money market fund purchase, the project participants said. Conducted under Phase 2 of Hong Kong's eHKD Pilot Programme, the test used Chainlink's Cross-Chain Interoperability Protocol (CCIP) to process the transaction. The pilot enabled an Australian investor to acquire a tokenized money market fund in Hong Kong, with settlement taking place almost instantly over blockchain infrastructure.