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GEMx Adopts Chainlink CCIP and Proof of Reserves

Twitter icon  •  Published 9 hours ago on July 9, 2025  •  Hassan Maishera

GEMx, a platform bringing the emerald market onchain, has adopted Chainlink CCIP and Proof of Reserve.

GEMx Adopts Chainlink CCIP and Proof of Reserves

On Tuesday, the Chainlink team announced via X that GEMx, a platform bringing the emerald market onchain, has adopted Chainlink CCIP and Proof of Reserve. By leveraging Proof of Reserve Secure Mint and CCIP, GEMx mitigates against infinite mint attacks by preventing the issuance of unbacked tokens and enables secure transfers of its tokens across Avalanche and Ethereum.

Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is up 4% over the past 24 hours, trading at $13.97 at press time.

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Author

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.

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