oXAUt Gold-Backed Token Launches on Avalanche via Chainlink CCIP
oXAUt Gold-Backed Token Launches on Avalanche via Chainlink CCIP
馃獧 Gold Meets Blockchain
Tether Gold's open version of their gold-backed token (oXAUt) has launched on the Avalanche blockchain, utilizing Chainlink's Cross-Chain Interoperability Protocol (CCIP). The original XAUt token has a market cap exceeding $820M and is backed 1:1 by physical gold.
Key points:
- Available on 40+ chains
- Enables secure cross-chain transfers
- Supports on-chain value transfer and storage
- Integration with Api3 Market for XAUt/USD price feeds
Builders can now leverage this real-world asset for Web3 development.
oXAUt, the open version of @tethergold's $820M+ market cap gold-backed token XAUt, is now live on @avax via Chainlink CCIP. CCIP continues to power the expansion of oXAUt across the multichain ecosystem through highly secure cross-chain transfers.
oXAUt has arrived on @avax. This expansion brings @Tethergold to another high performance L1, connected by @Chainlink CCIP and @Hyperlane. The Avalanche DeFi and RWA ecosystem can now access composable, fractional, multichain gold from the category's largest issuer.
Chainlink Community Video Updates
Chainlink has released new video content showcasing community developments and technical updates. The latest release builds on previous video communications from August 9th and July's vibin update. Key points: - New community video released August 14th - Follows established pattern of regular video updates - Continues from previous image-based communications in November - Demonstrates ongoing commitment to community engagement The video format allows for more detailed technical explanations and better visualization of Chainlink's ecosystem developments.
Chainlink Expands Social Media Presence and BUILD Program
Chainlink has launched its official Instagram account, offering a new channel for community engagement and project updates. This expansion comes as the Chainlink BUILD program reaches a significant milestone of 100 members. Key updates: - New Instagram presence for following Chainlink developments - BUILD program achieves 100-member milestone - Enhanced visibility for blockchain infrastructure developments Follow Chainlink's progress: - Instagram: [@chainlink](https://instagram.com/chainlink) - BUILD program updates available through official channels
Spiko Finance Integrates CCIP for Cross-Chain Share Transfers
**Spiko Finance** has successfully integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP), enabling seamless transfer of money market fund shares across different blockchain networks. Previously, users had to manually redeem shares on one chain and resubscribe on another. The new integration allows for single-click transfers across CCIP-enabled chains. Spiko, a regulated tokenization platform managing over $380M in tokenized money market funds, maintains regulatory compliance while offering this enhanced cross-chain functionality. [Learn more about the integration](https://www.spiko.io/blog/spiko-chainlink-ccip)
Major Financial Institutions Continue Chainlink Integration
A growing consortium of global financial institutions are advancing their blockchain initiatives through Chainlink integration. Key participants include: - Major banks: JP Morgan, UBS, BNY Mellon, Citi - Payment networks: Swift, Mastercard - Asset managers: Franklin Templeton, Fidelity International - Infrastructure providers: Euroclear, Clearstream The expansion now includes new entities like Mastercard and ICE, building on previous announcements from late 2024. This represents continued momentum in traditional finance's adoption of blockchain infrastructure. [View full announcement](https://blog.chain.link/chainlink-banking-capital-markets-announcements/)