![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Chainlink Is Now a Cornerstone Infrastructure Layer Supporting the Tokenization of Real World Assets (RWAs)
Apr 18, 2025 at 04:30 am
Chainlink is now a cornerstone infrastructure layer supporting the tokenization of real-world assets (RWAs).
Chainlink's technology, which is now used in Coinbase's Project Diamond, Apex Group's fund tokenization, and Paxos's stablecoin system, is pushing the boundaries of secure, interoperable, and compliant digital finance.
Abu Dhabi Finance Week saw the unveiling of Coinbase's Project Diamond integration with Chainlink CCIP and Chainlink Functions.
The integration, which was first reported by Chainlink earlier this week, will streamline asset tokenization for institutional clients.
These technologies enable tokenized assets to be seamlessly interactable over public and private blockchains. Under such arrangements, institutions such as Peregrine, operating in accordance with Abu Dhabi Global Market regulations, can handle complete asset life-cycles efficiently.
"Chainlink is providing the institution-grade assurance in this new tokenized market," said David Brodeur-Johnson, a principal at Forrester and a long-time fintech transformation observer.
He added that such moves are turning points in countering issues of security and transparency that have discouraged institutional investors from fully engaging with blockchain.
Stablecoin Issuers Gain a Secure Launchpad with Chainlink
Chainlink's infrastructure is also being leveraged by stablecoin issuers Paxos, Bancolombia's Wenia, and Usual to enhance transparency and promote cross-chain compatibility.
Chainlink's Proof of Reserve (PoR), Data Feeds, and CCIP serve as the technological backbone for the issuers to verify reserves and increase interoperability.
In a move to promote greater utilization of PayPal USD (PYUSD) in payment and trading environments, Paxos has integrated Chainlink Price Feed for the stablecoin on Ethereum.
Latin America's growing demand for stable digital currencies led Wenia to incorporate PoR into its minting procedure to prevent overissuance of its COPW token.
Further showcasing the flexibility of this infrastructure, Usual applies Chainlink solutions for USD0 and USD0++ tokens. Utilizing a burn-and-mint system driven by CCIP, Usually makes these tokens transferable back and forth between Base and BNB Chain without sacrificing security or reserve precision.
Tokenized Funds Enter the Spotlight
Within the asset management space, Chainlink is ushering in a new era of fund tokenization. Collaborations with Fidelity International, Sygnum, and Fortlake Asset Management have brought onchain NAV reporting and fund issuance into the mainstream.
Assets such as Superstate's USTB and Apex-Fasanara's FAST achieve real-time transparency and quicker settlement with services such as Chainlink Data Feeds and PoR.
Among the highlights of integrations, Spiko brought Ethereum-native money market funds, backed by Europe's regulated UCITS, one step closer. Now that NAVs are live on Ethereum through Chainlink, Spiko is spearheading a new generation of institutionally compliant, digital-native investment products.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
- Canary Capital Files a Form S-1 Registration with the SEC to Launch a Tron (TRX) Cryptocurrency Spot ETF
- Apr 20, 2025 at 04:30 am
- This move is to launch a spot exchange-traded fund (ETF) based on the Tron (TRX) cryptocurrency. This proposed ETF will maintain TRX tokens alongside stake-based reward functions.
-
-
-
-
-
-
-