Misyon Bank Leverages the Chainlink Runtime Environment (CRE)

Chainlink announced via X on Thursday that Misyon Bank is leveraging the Chainlink Runtime Environment (CRE). Misyon Bank is one of Turkey's first neobanks offering crypto custody and issuance, and it will leverage CRE to power custom workflows for its Turkish lira-backed MTLK token.

With CRE, Misyon can,

• Publish the MTLK price on Avalanche, leveraging Chainlink Price Feeds

• Verify Turkish lira reserves held by Misyon via Chainlink Proof of Reserve, and 

• Coordinate custom workflows and ensure real-time, onchain auditability

Thanks to this integration, CRE enables Misyon to bridge the gap between traditional and onchain finance.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down 3.06% over the past 24 hours and is trading at $22.60 at press time.