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 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.
