Iveniam, a platform that maximizes liquidity of private market assets, announced via a blog post on Monday that it has partnered with Accumulate, an identity-based blockchain protocol.
Using Chainlink’s oracle and oracle node infrastructure, Inveniam said it is making proprietary data for data-rich, low-frequency-traded private assets available to smart contracts on leading blockchains. The Inveniam team added that bringing this validated financial data on-chain unlocks a multitude of private market opportunities for DeFi.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by nearly 2% over the past 24 hours and is trading at $13.01 at press time.