On Monday, the Chainlink team announced via X that it has joined the xStocks Alliance as the official oracle infrastructure. Chainlink will power the pricing of all of xStocks' tokenized equities and ETFs, including 50+ of the world’s largest equities and ETFs.
Chainlink developed custom xStocks Data Streams, a bespoke oracle solution powered by Chainlink Data Streams that delivers high onchain data accuracy, sub-second price latency, and the ability to verify corporate actions in real time.
xStocks is also expanding its adoption to include the Chainlink interoperability and data standards, including Chainlink CCIP and Proof of Reserve. With CCIP live on Solana, xStocks can easily expand to other blockchains across the multi-chain ecosystem, while Chainlink Proof of Reserve can bring increased transparency and reliability to the collateralization of xStocks.
Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is down 2.5% over the past 24 hours, trading at $13.37 at press time.