It’s now clear that CCIP is building a new rail for tradfi and will be integrated across the board for connecting tradfi to defi and enabling tokenized assets.

    21X announces partnership with Chainlink in preparation for the launch of its EU-regulated trading and settlement system as part of its market infrastructure for tokenized securities



    Posted by cryptolipto

    8 Comments

    1. tldr; 21X has announced a strategic partnership with Chainlink to enhance its EU-regulated trading and settlement system for tokenized securities. The collaboration will utilize Chainlink’s technology to provide high-quality data and cross-chain interoperability, enabling on-chain secondary market price feeds and access to assets across various blockchain protocols. This partnership aims to support the launch of 21X’s blockchain-powered exchange in Q1 2025, under the supervision of Germany’s BaFin, enhancing the infrastructure for tokenized securities in Europe.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. Not just them, Chainlink has a lot of engagements going on with what people would consider as key financial market infrastructure company’s, it’s the capability of acting as the glue between traditional and digit finance that is drawing big names in now. 

    3. Outsider-Trading on

      There’s a lot of bitterness from settlement maxis that “Banks are just going to make their own chains and avoid using ours” and linkies are just like “yes, we’ve known this for years, that’s why we bought the connective tissue between thousands of independent chains.”

    4. Herosinahalfshell12 on

      Chain link has always had this hype. The one to bring them together, the Oracle, the one who binds them etc etc

      The way i understood it though is that the problem with LINK is that adoption doesn’t mean it’s native token is going to pump.

      Could be wrong. Read the Whitepaper y’all /s

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