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OpenAssets and Chainlink have reached a strategic partnership, launching an asset tokenization infrastructure solution for institutions.
Deep Tide TechFlow News, April 20, according to PR Newswire, digital asset infrastructure provider OpenAssets announced a strategic partnership with Chainlink. The two parties will combine OpenAssets’ full-stack tokenization and stablecoin infrastructure with Chainlink’s oracles, cross-chain interoperability protocol CCIP, Digital Transfer Agent, NAVLink, and Price Feeds to help financial institutions launch enterprise-grade asset tokenization solutions for production environments.
OpenAssets stated that in the coming years, an estimated $68 trillion in assets will be tokenized on the blockchain. OpenAssets’ partner network includes ICE, Tether, Fanatics, Mysten Labs, and KraneShares; Chainlink has been adopted by institutions such as Swift, Euroclear, and Mastercard.