Chainlink

@swellnetworkio has joined Chainlink BUILD to enhance its access to Chainlink's oracle services and technical support for the security of liquid staking. Swell will offer a percentage of its token supply to Chainlink service providers and aims to support a decentralized liquid staking ecosystem. As part of the partnership, Swell will benefit from Chainlink's Cross-Chain Interoperability Protocol, Proof of Reserve, Automation, Price Feeds, offchain data functions, and access to new Chainlink product releases.

Chainlink provides the necessary tools for tokenized assets to gain liquidity by enabling cross-chain interoperability, verifying offchain reserves, providing mark-to-market valuations, and offering identity verification. Traditional financial institutions require data, compute, and cross-chain capabilities to adopt blockchain and tokenized assets, with Chainlink being the sole platform offering these features. The industry emphasizes the importance of cross-chain solutions, communication between traditional financial markets and blockchains, and the need for information networks and data sources to validate tokenized assets. Major financial institutions are already embracing tokenization, with collaborations involving Chainlink and other industry leaders in progress.

Onchain markets on AVAX and Scroll_ZKP are utilizing Chainlink Price Feeds, with AVAX integrating the BAT/USD Price Feed and Scroll_ZKP integrating the DAI/USD Price Feed. This integration aims to build secure DeFi markets around Attention Token and MakerDAO's USD-pegged stablecoin, respectively.

In the latest Chainlink Adoption Update, there were 7 integrations of 4 Chainlink services across 7 different chains including Arbitrum, Avalanche, Base, BNBCHAIN, Ethereum, Optimism, and Polygon. New integrations were announced with Dypius, Eigenpiexyz_io, Origin Protocol, Paxos, UKISSTech, UmamiDao, and Volleytoken joining the Chainlink ecosystem.

SubstanceX has joined Chainlink BUILD to access industry-leading oracle services and technical support for decentralized perpetuals. They will provide 3.5% of their token supply to Chainlink service providers. SubstanceX aims to offer a superior decentralized perpetuals exchange and improved liquidity across different chains. As part of BUILD, they will utilize Chainlink Data Streams and CCIP for perpetuals trading and cross-chain liquidity.

.@OriginProtocol has chosen to integrate #Chainlink CCIP as its exclusive solution to enable cross-chain transactions involving Origin Ether (OETH) with maximum security.

In an interview with CNBC, Goldman Sachs Global Head of Digital Assets, Mathew McDermott, highlights the growing interest in digital assets and the transformative power of blockchain technology. McDermott notes the significant efficiencies enabled by tokenization and emphasizes that organizations now have a clear path to commercialize. He also mentions the increasing number of institutions seeking active involvement in this space. Watch the full interview for more insights.

The Chainlink Data page now features real-time price visualization, enhancing the next-generation speed and security of the Chainlink network.

Chainlink is revolutionizing the $30T global trade industry by providing end-to-end traceability, minimizing counterparty risk, and enhancing efficiency.

Concero has joined Chainlink BUILD to gain enhanced access to Chainlink's oracle services and technical support. In return, Concero will make 4% of its total native token supply available to Chainlink service providers. Concero aims to provide an easy-to-use, secure, and decentralized application that provides seamless access to the DeFi ecosystem. Its hallmark products are cross-chain staking and DEX aggregator, and the project plans to develop a 'super app' to cater to the needs of crypto users. As part of the BUILD program, Concero will receive benefits such as access to Chainlink's Cross-Chain Interoperability Protocol and new product releases.