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Decentralized RWA Tokenization Protocol Lendr Network Joins Chainlink BUILD

Twitter icon  •  Published 2 years ago on January 18, 2024  •  Hassan Maishera

Chainlink announced via X (formerly Twitter) on Wednesday that Lendr Network, a decentralized real-world asset tokenization protocol, has joined the Chainlink BUILD Program.

Decentralized RWA Tokenization Protocol Lendr Network Joins Chainlink BUILD

Chainlink announced via X (formerly Twitter) on Wednesday that Lendr Network, a decentralized real-world asset tokenization protocol, has joined the Chainlink BUILD Program. 

As a part of BUILD, Lendr Network aims to accelerate ecosystem growth and long-term adoption of its real-world asset (RWA) tokenization protocol by leveraging Chainlink’s oracle services and technical support, as well as incentivizing greater crypto-economic security.

In return, Lendr Network will make 4% of its total native token supply available to Chainlink service providers, including stakers.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 3% over the past 24 hours and is trading at $15.265 at press time.

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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.