Roobet Banner
BTC $75,738.00 (+0.05%)
ETH $2,234.59 (+0.29%)
BNB $695.94 (+0.31%)
XRP $1.16 (-1.82%)
SOL $89.68 (-0.50%)
TRX $0.32 (+0.32%)
ZEC $1,268.65 (-5.33%)
HYPE $77.71 (-0.68%)
XMR $609.60 (-2.02%)
DOGE $0.07 (-1.28%)
LEO $9.33 (+0.08%)
LINK $10.88 (+0.12%)
ADA $0.18 (-2.79%)
XLM $0.15 (-2.89%)
BCH $257.95 (-2.88%)
NEAR $3.67 (-1.93%)
UNI $7.19 (+4.29%)
LTC $52.25 (-0.97%)
RAIN $0.01 (-4.28%)
CC $0.09 (-0.91%)

Backed Adopts Chainlink Standard

Share on X icon · Published 1 year ago on December 3, 2024 · Hassan Maishera

On Monday, Chainlink announced via X that Backed, a real-world tokenized assets platform, has adopted the Chainlink standard.

Backed Adopts Chainlink Standard

On Monday, Chainlink announced via X that Backed, a real-world tokenized assets platform, has adopted the Chainlink standard. With the Chainlink standard for cross-chain interoperability now live on Backed, it enables the transfer of bTokens across five chains (Polygon, Gnosis, Ethereum, Arbitrum, and Avalanche. 

Backed is now leveraging CCIP, PoR, & Data Feeds to level up its tokenized RWAs with increased utility, liquidity, and interoperability. By expanding cross-chain access, Backed will be enhancing liquidity and usability, making its tokenized assets even more versatile and connected across leading blockchain platforms.

Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is up 25% over the past 24 hours, trading at $24.98.

 

Olympus DAO Moves $280M OHM Token to Chainlink's Cross-Chain Rails
Next article Olympus DAO Moves $280M OHM Token to Chainlink's Cross-Chain Rails
Hassan Maishera
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.