Chainlink Labs Expands its Strategic Partnership With Arta TechFin

Twitter icon  •  Published 3 weeks ago  •  Hassan Maishera

Chainlink announced via X on Tuesday that it has entered into a strategic partnership with Arta TechFin, a Hong Kong-based financial services platform.

Chainlink announced via X on Tuesday that it has entered into a strategic partnership with Arta TechFin, a Hong Kong-based financial services platform. The collaboration will expand upon pre-existing fund tokenization efforts and enable ARTA's use of Chainlink services with respect to stablecoin issuance, real estate token issuance, and additional verticals. 

ARTA plans to integrate and leverage a full suite of Chainlink services to provide a wide range of innovative tokenized real-world asset products and services to asset owners and regulated financial institutions. The ARTA-Chainlink solution aims to bring a wide variety of key asset data onchain and across different blockchains to unlock novel tokenized real estate and stablecoin use cases, the team added. 

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 2% over the past 24 hours and is trading at $16.620 at press time.

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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.