JUST IN: @Citi's new Tokenization 2030 report highlights Chainlink CCIP as the interoperability standard connecting the tokenized global financial system.
Citi projects tokenized asset markets can reach $8.2 trillion by 2030, with secure cross-chain connectivity being critical.
“YOLO, figure it out” doesn’t work for business.
As @JohnNahas84 explains, institutions are moving onchain… but slowly. They have to evaluate smart contract risk, compliance, security, and infrastructure resilience.
Every one of those is configurable on an Avalanche L1.
Compliance
Set the rules your business needs to follow.
Security
Decide who can participate and how the network is run.
Resilience
Build on dedicated infrastructure, your app is all that matters.
Built for business. 🔺
Fragmented infra is holding back global finance from capitalizing on the $867 trillion tokenization opportunity.
That's why Swift, J.P. Morgan, UBS, & many more institutions adopt Chainlink to connect to the onchain economy.
The world is moving onchain through Chainlink.
Avalanche,Technology Built for Institutions.
Galaxy is introducing a first-of-its-kind tokenized CLO, issued exclusively on Avalanche with a $50M allocation from Grove🧵
For people still don't know how bad yesterday was, here quick summary:
$ATOM went from $4 to $0.001
$SUI went frim $3.4 to $0.56
$APT went from $5 to $0.75
$SEI went from $0.28 to $0.07
$LINK went from $22 to $8
$ADA went from $0.8 to $0.3
Top 100 blue chips nuked 80% in a few minutes.
RIP Konstantin Galish 🙏
A well known Ukranian crypto investor reportedly took his own life amidst the market crash.
Please always remember there is more to life than money, and never invest more than you can afford to lose.
When you feel like you are at rock bottom, take time to process things, it is never as bad as you think in the moment I promise you.