Company
Date Published
Author
Chainlink
Word count
1429
Language
English
Hacker News points
None

Summary

Chainlink's decentralized infrastructure continues to play a crucial role in the growth of tokenized real-world assets (RWAs), as illustrated by its integration with various companies in Q3 2024. Firms like 21Shares, Superstate, Sygnum, and Lympid have utilized Chainlink services such as Data Feeds, Proof of Reserve, and the Cross-Chain Interoperability Protocol (CCIP) to enhance transparency, connectivity, and real-time data availability for tokenized assets, including U.S. Treasury bonds and Ethereum ETFs. These integrations facilitate user trust and the expansion of decentralized finance (DeFi) applications by providing verifiable onchain asset backing. The steady growth in tokenized assets, such as stablecoins and tokenized Treasuries, amid market volatility, highlights the increasing confidence in tokenized RWAs. Chainlink's role in bridging traditional finance with blockchain technology through secure, transparent, and reliable infrastructure is setting new standards in both traditional and decentralized financial markets.