WisdomTree adopts Chainlink DataLink for tokenized fund pricing on Ethereum
Key Takeaways
- WisdomTree has built-in Chainlink to offer onchain Web Asset Worth (NAV) knowledge for its Non-public Credit score and Various Revenue Digital Fund (CRDT).
- The transfer goals to boost transparency by recording verified NAV knowledge immediately on blockchain networks.
WisdomTree, an asset administration agency, has tapped Chainlink, a blockchain oracle community, to offer onchain Web Asset Worth knowledge for its CRDT fund, a tokenized non-public credit score and various revenue digital fund.
The mixing permits verified NAV knowledge to be recorded immediately on Ethereum, enhancing transparency and enabling sensible contract integration for DeFi and institutional platforms.
Chainlink has collaborated with main index suppliers to deliver benchmark index knowledge immediately onto blockchains for institutional use. The corporate’s DataLink platform permits the switch of verified market knowledge throughout a number of blockchains.
Monetary establishments are more and more utilizing Chainlink to attach buying and selling platforms with onchain environments, enhancing knowledge accessibility for tokenized property.
