OpenAssets has announced a strategic partnership with Chainlink to develop institutional-grade asset tokenization infrastructure. This collaboration will integrate OpenAssets' tokenization and stablecoin capabilities with Chainlink's oracle services and cross-chain interoperability protocol, CCIP. The partnership aims to facilitate financial institutions in launching production-ready tokenization solutions, with OpenAssets projecting $68 trillion in assets to be tokenized in the coming years.
The partnership leverages OpenAssets' extensive network, including ICE, Tether, and Mysten Labs, while Chainlink's technology is already utilized by major institutions such as Swift and Mastercard. This initiative underscores the growing momentum in the tokenization of traditional assets, driven by the combined expertise of both companies.
OpenAssets and Chainlink Collaborate on Institutional Asset Tokenization
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