Chainlink announced via X on Tuesday that Virtune, a leading Swedish-regulated digital asset manager and crypto ETP issuer, has integrated Chainlink Proof of Reserve across its $450M+ digital asset exchange-traded products (ETPs).
With Proof of Reserve, Virtune's digital asset ETPs now have real-time, onchain reserve transparency, starting with the following products:
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Virtune Bitcoin ETP
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Virtune Bitcoin Prime ETP
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Virtune Chainlink ETP
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Virtune Arbitrum ETP
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Virtune Polygon ETP
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Virtune Staked Solana ETP
Virtune brings crypto exposure to public markets through listings on major European exchanges, including Nasdaq Stockholm, Nasdaq Helsinki, Deutsche Börse Xetra, Euronext Amsterdam, and Euronext Paris.
Proof of Reserve verifies and publicly reports the aggregated total of distributed holdings without revealing the individual wallet addresses. Even if funds are moved for key rotation or other routine purposes, Proof of Reserve reassures stakeholders that reserves remain fully intact.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down 1.2% over the past 24 hours and is trading at $17.84 at press time.
Hassan Maishera