NOW: Top tokenized commodities platform @PleasingMarket deprecates legacy bridge & migrates to Chainlink CCIP to unlock distribution of tokenized precious metals.
Pleasing Market chose CCIP as its exclusive cross-chain infra to access the highest level of security.
$Link the same Citi that predicted chainlick would one day eclipse bitcoin🤔
Understand, the biggest assumption in this thesis is not that tokenization succeeds, it's that Chainlink wins the interoperability layer. If that happens, the upside become unfathomable... guess we'll have to wait and see.... 💰
Saturn puts a solvency check on its Bitcoin-backed credit token
Saturn Foundation (@saturn_credit) just launched a @chainlink NAV oracle for its sUSDat vault, fed by AccountableData's (@AccountableData) Proof of Solvency for the offchain STRC behind it. The feed gives independent third-party verification of the full vault value, including the STRC custodied at Clear Street, and updates every 24 hours or on a 50 basis point move.
ethereum:0xd166337499e176bbc38a1fbd113ab144e5bd2df7 is a tokenized wrapper on Strategy's $STRC, the variable-rate preferred stock Michael Saylor's firm has used to raise $8.5 billion for Bitcoin since last July. Saturn buys real STRC, holds it, and mints sUSDat against it so non-US investors can earn the yield without a US brokerage. The open question with any such wrapper is whether the offchain asset is really there. An onchain solvency feed is the answer, built on the Chainlink CCIP integration Saturn adopted last week.
Chainlink Whales Hit Record High
Chainlink (@chainlink) now has a record 805 wallets holding at least 100,000 $LINK, according to onchain data shared by Santiment.
The number of large LINK wallets has climbed 8.2% over the past seven weeks.
Fidelity International has over 2.8 million customers with $1+ trillion total client assets.
Chainlink is now powering its newly launched tokenized fund FILQ.
Fidelity International 🔗 Chainlink