Hassan Maishera
Chainlink announced via X on Wednesday that Cassa is joining Chainlink Build to gain enhanced access to the Chainlink standard and technical support. As part of Build, Cassa aims to accelerate ecosystem growth and the adoption of DeFi-native risk trading and onchain risk transfer by gaining enhanced access to long-term support from the Chainlink ecosystem, while contributing to greater cryptoeconomic security.
In return, it commits to providing network fees and other benefits to the Chainlink community and service providers, including stakers.
Through enhanced support, secure offchain services, and the backing of the Chainlink community, Cassa aims to accelerate awareness and adoption of a new primitive for tokenized risk, helping establish a new standard for DeFi-native risk infrastructure.
Cassa is building a deterministic onchain protocol designed to transform risk into liquid, tradable markets. By relying on algorithmic policy enforcement and eliminating governance and human arbiters, risk is priced continuously via an AMM, enabling streaming payouts, secondary-market trading, and real-time hedging capabilities for vaults, lenders, stakers, and stablecoin issuers.
Cassa joined Build to maximize the security and reliability provided by Chainlink’s oracle infrastructure. As part of the program, it gains key benefits, including access to new Chainlink product alpha and beta releases, among other ecosystem advantages.
In exchange for these services, a percentage of Cassa’s native token supply will be made available to Chainlink service providers, including stakers, over time.
Chainlink is at the forefront of financial innovation and the global tokenization trend. Traditional financial institutions and infrastructure, such as SWIFT, DTCC, Euroclear, J.P. Morgan, Mastercard, the Central Bank of Brazil, UBS, SBI, Fidelity International, ANZ, and many others, are adopting Chainlink as a fundamental infrastructure as they move toward tokenizing trillions onchain. Demand for Chainlink has already generated hundreds of millions of dollars in revenue across a variety of traditional and decentralized use cases.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down 0.4% over the past 24 hours and is trading at $8.91 at press time.
