🔥 NEW: Chainlink will power the official FIFA World Cup prediction market partner, enabling instant payouts and market resolutions for billions of football fans worldwide.
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.
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
Chainlink Adoption Update 🔗
Recently, there were 10 integrations of the Chainlink standard across 5 services and 8 different chains.
Users include @The_DTCC, @coinbase, Fidelity International, @krakenfx, @MyriadMarkets, @temple_ny, @tempo, and @tydrohq.
LINK everything.
KRAKEN CEX GOES ALL-IN ON CHAINLINK
Leading centralized exchange platform @krakenfx has announced it is moving away from its existing provider to make @Chainlink its exclusive cross-chain infrastructure partner.
The CEX will leverage $LINK's CCIP to secure both its existing wrapped $BTC product, $kBTC, as well as any other bridged assets in the future.
Chainlink might be the only winner from the industry's recent exploits...
Glad to see all the hard work that Chainlink has put into generating real security is being recognized as valuable by more and more teams in our industry. It seems that focusing on making the secure and reliable solution is what wins in an industry where securing value is a key feature of everyone's product.
We have seen the trend of low quality data oracles with poor security being switched out for Chainlink for many years now, with that trend continuing on a regular basis; https://t.co/LOcbYNfqnz
We are also now seeing the same dynamic in cross-chain connectivity/bridging, where providing security with actual decentralization, actual monitoring and actual private key security is increasingly valuable to both protocol teams and the users of their products.
It is much easier and often faster to cut corners and run a single node and call it a decentralized bridge, have no monitoring on those bridges and keep the extra profits from cutting these key security and reliability features, but that comes at the expense of your users systems going down e.g. due to one AWS zone outage, or your bridges getting hacked with one set of admin keys.
Chainlink's thesis as a technology, standard and community is to not cut these corners, but do what we can to raise the standards of our industry and provide reliable on-chain data, reliable cross-chain interoperability and now reliable off-chain to on-chain orchestration across all smart contracts on all chains.
Solv Protocol Will Dump LayerZero, Migrate $700M Tokenized Bitcoin Tech to Chainlink
Solv Protocol will move its tokenized Bitcoin infrastructure to Chainlink, following Kelp DAO's lead after it blamed LayerZero for a hack.
https://t.co/respw9MmDI
$11,000,000,000.00 TOKENIZED ONCHAIN
@BridgeTowerCap launched tokenized securities backed by $11B+ in gold & copper deposits, including 1.48 billion pounds of copper and 0.69 million ounces of gold.
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