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AlloyX Adopts Chainlink Proof of Reserve and NAVLink

Twitter icon  •  Published 11 months ago on August 26, 2025  •  Hassan Maishera

Chainlink announced via X on Tuesday that AllyoX, an RWA platform, has adopted Chainlink Proof of Reserve & NAVLink on Arbitrum and Polygon.

AlloyX Adopts Chainlink Proof of Reserve and NAVLink

Chainlink announced via X on Tuesday that AllyoX, an RWA platform, has adopted Chainlink Proof of Reserve & NAVLink on Arbitrum and Polygon. AlloyX is utilizing Chainlink to enhance transparency and verifiability for its Real Yield Token (RYT), a tokenized USD money market fund that brings traditional finance (TradFi) yields into decentralized finance (DeFi).

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 10.9% over the past 24 hours and is trading at $23.24 at press time.

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Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.