OKX Banner
BTC $65,095.00 (+0.20%)
ETH $1,919.29 (+0.10%)
BNB $607.73 (+0.70%)
XRP $1.04 (+0.00%)
SOL $77.19 (+1.50%)
TRX $0.33 (+0.30%)
HYPE $54.76 (-0.20%)
DOGE $0.07 (-0.60%)
RAIN $0.01 (-0.50%)
LEO $9.71 (+0.10%)
ZEC $515.61 (+2.00%)
XMR $398.25 (+2.80%)
ADA $0.20 (-1.30%)
LINK $8.33 (-0.10%)
XLM $0.16 (-1.50%)
BCH $216.01 (-0.20%)
CC $0.10 (+4.50%)
GRAM $1.34 (-1.30%)
LTC $46.05 (+0.50%)
USDG $1.00 (+0.00%)

Backed Adopts Chainlink Standard

Twitter 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.

 

KuCoin Lets Businesses Send Stablecoins via Redeemable Gift Cards
Next article KuCoin Lets Businesses Send Stablecoins via Redeemable Gift Cards
Hassan Maishera

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.