Institutional Adoption of Blockchain and Real-World Assets

🔮 Institutions go crypto?

By Chainlink
Oct 16, 2024, 12:05 AM
twitter
News article
Photo by Chainlink

Mathias Imbach of @sygnumofficial discusses the current state of institutional blockchain adoption and the trend of real-world assets (RWA) moving onchain in #Chainlink's 'The Future Is On' series.​

Key points:

  • Major institutions are now moving real assets to blockchain
  • RWA trend is gaining momentum
  • Institutional adoption of blockchain is progressing

This discussion highlights the growing convergence of traditional finance and decentralized systems.​ For more insights on the future of finance, attend Chainlink SmartCon: https://smartcon.​chain.​link/home

Sources
Read more about Chainlink

Chainlink, JP Morgan's Kinexys, and Ondo Finance Partner for Tokenized Asset Settlement

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

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

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/)