Financial Services Providers Project Trillions in New Value from Tokenization
Financial Services Providers Project Trillions in New Value from Tokenization
💰 Tokenization Goldmine Awaits?
A report from Deloitte US states that various financial services providers are projecting that tokenization could generate trillions of dollars in new value for the industry this decade. The report highlights that these trillions would likely represent just a small fraction of global assets that have the potential to be tokenized, including real estate, private equity, venture capital funds, and exchange-traded products. Tokenization is described as the most significant transformation in modern financial markets, going beyond the digitalization of financial instruments in the second half of the 20th century.
Tokenization is the most significant transformation in modern financial markets, going far beyond the digitalization of financial instruments in the second half of the 20th century. A primer on this new megatrend in global finance ⬇️ blog.chain.link/tokenization/
“Various financial services providers are projecting that tokenization could generate trillions of dollars in new value for the financial services industry this decade,” states an industry report from @DeloitteUS. It highlights that those trillions would likely represent “just a
Chainlink, JP Morgan's Kinexys, and Ondo Finance Partner for Tokenized Asset Settlement
Chainlink has partnered with JP Morgan's Kinexys and Ondo Finance to enable institutional clients to purchase tokenized treasuries using Kinexys Digital Payments. Key developments: - Integration leverages Chainlink Runtime Environment for secure cross-chain settlement - Kinexys network has processed over $1.5T in transactions - System aims to reduce counterparty risk in digital asset transactions - Currently $23B+ in tokenized RWAs exist on public chains The collaboration demonstrates growing institutional adoption of blockchain infrastructure for traditional finance operations. Learn more: [Chainlink Blog](https://blog.chain.link/cre-dvp-kinexys-jp-morgan-ondo-finance/)
Chainlink Chromion Hackathon Office Hours Announced
Chainlink Labs is hosting expert office hours for Chromion Hackathon participants to receive direct project feedback. Two sessions are scheduled: - June 16 at 10AM ET - June 19 at 9PM ET Sessions will be held on Chainlink Discord, offering participants an opportunity to enhance their submissions with professional guidance. The Chromion Hackathon focuses on Web3, AI, and cross-chain innovation, including AI agents, asset tokenization, and cross-chain token development. *Join Discord to participate: [Chainlink Discord](https://discord.gg/chainlink)*
HyperLend Adopts Chainlink, EulerSwap Launches on Ethereum
Two major DeFi protocols have integrated Chainlink's services: - **HyperLend** ($480M+ TVL) becomes first project to implement Chainlink on HyperEVM, utilizing Data Streams for sub-second price accuracy in lending operations - **EulerFinance** ($1.8B+ TVL) launches EulerSwap on Ethereum, powered by Chainlink Price Feeds EulerSwap introduces a hybrid lending-swapping mechanism that enables: - Yield generation - Trading functionality - Collateral utilization - Enhanced AMM strategies Both integrations aim to improve price accuracy and security in DeFi operations.
Proof of Reserves Emerges as Key Solution for Market Transparency
Following the FTX fraud and Silicon Valley Bank collapse, industry experts are highlighting proof-of-reserves as a crucial tool for enhancing market oversight. Key points: - Proof-of-reserves systems provide real-time verification of assets - Policymakers can leverage this technology to prevent future financial scandals - Off-chain transaction reporting adds additional transparency layers Experts Bruce Tupper and Tyler Williams emphasize these measures as essential for rebuilding trust in trading platforms. Learn more about implementing proof-of-reserves: [Chainlink's Guide](https://blog.chain.link/proof-of-reserves-for-policymakers/)
Swift and Chainlink Bridge Traditional Finance with Blockchain Networks
Swift and Chainlink are collaborating to connect traditional financial institutions with blockchain networks, addressing growing user demand for cross-network connectivity. Key developments: - Swift's infrastructure now enables banks and financial institutions to interact with multiple blockchain networks - Integration combines Swift's established messaging protocol with blockchain capabilities - Partnership aims to bridge the gap between traditional finance and blockchain technology The collaboration demonstrates significant progress in financial infrastructure modernization, with Swift's universal language meeting blockchain innovation through Chainlink's technology. [Listen to the full discussion](https://www.globalcustodian.com/podcasts/the-future-is-on-in-conversation-with-swifts-jonathan-ehrenfeld-and-chainlinks-sergey-nazarov/)