Hassan Maishera
Chainlink announced via X on Thursday that integrated Chainlink CCIP across the BNB Chain and Ethereum mainnets. Weset is leveraging CCIP’s Simplified Token Transfer capabilities to facilitate cross-chain movement of its native token, WECO, enabling users to seamlessly bridge their tokens between blockchains.
Weset is a comprehensive ecosystem for real-world asset (RWA) tokenization. They bridge the gap between traditional finance and blockchain technology, allowing users to invest in tokenized versions of real-world assets that can generate rewards.
Weset selected CCIP as their preferred solution because Chainlink has a proven track record of maintaining the highest security and reliability standards in Web3. CCIP is further bolstered by the Risk Management Network, a separate network that actively monitors cross-chain operations for suspicious activity, the Weset team added.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 1% over the past 24 hours and is trading at $17.513 at press time.
