Brickken Makes RWA Network Cross-Chain with Chainlink’s CCT Standard

Brickken (BKN), a platform that allows companies to tokenize RWAs into tokens, has partnered with Chainlink, a decentralized oracle community that gives real-world information and cross-chain interoperability to protocols. The partnership enabled Brickken to combine Chainlink’s Cross-Chain Interoperability Protocol (CCIP) into its quickly advancing RWA platform.

Brickken, a Barcelona-based institutional-grade software program supplier, is among the contributors of $16.82 billion TVL presently present within the wider RWA protocols, in keeping with information sourced from DeFiLlama. The platform allows the regulated tokenization of assorted real-world belongings utilizing blockchain. By integrating TradFi with blockchain, Brickken provides instruments for traders to unlock liquidity, streamline asset administration, and advance engagement.

Advantages That Brickken Positive aspects By the CCT Commonplace Adoption

With the partnership, Brickken built-in Chainlink’s Cross-Chain Interoperability Protocol (CCIP) infrastructure into its tokenization community. This integration successfully upgrades Brickken right into a Cross-Chain Token (CCT) Commonplace, enabling belongings on the platform to maneuver throughout over 60 chains. With this improve in place, customers can now seamlessly transfer BKN and a number of tokens on Brickken throughout numerous protocols and use superior DApps throughout various Web3 markets and ecosystems.

With the incorporation of Chainlink’s CCIP on Brickken, the tokenization platform can now transfer belongings securely and permissionlessly between its community and dozens of different chains. The deployment adopted the CCT customary, a mannequin that enables seamless motion of belongings throughout all CCIP-interlinked networks.

The mixing of Chainlink’s Information Streams infrastructure offers Brickken with fast, high-performing market information, enabling the tokenization platform to energy numerous DeFi functionalities like derivatives, lending, buying and selling, and many others.

Rising Demand for Blockchain Interoperability

Chainlink’s CCT customary and CCIP infrastructure are among the widely known interoperability options within the DeFi business. They permit Web3 platforms to difficulty and handle belongings natively throughout quite a few blockchain networks to satisfy the calls for of the more and more rising cross-chain ecosystem.

The mixing between Brickken and Chainlink showcases the importance of interoperable blockchain options that present companies with essential benefits, together with:

• Operational effectivity: Simplified processes throughout a number of blockchain networks.
• Enhanced consumer expertise: Clients can transfer belongings effectively with out technical hindrances.
• And, aggressive benefit: Adopters achieve flexibility in scaling purposes throughout decentralized ecosystems.