Chainlink and $1 Trillion AUM ANZ Bank Partner for RWA push

The post Chainlink and $1 Trillion AUM ANZ Bank Partner for RWA push appeared on BitcoinEthereumNews.com. Chainlink is expanding its RWA influence to project Guardian through a new ANZ partnership. The CCIP protocol remains the go-to tool in the Chainlink tokenization journey. Decentralized Oracle platform Chainlink (LINK) has joined forces with ANZ, a leading Australian bank with over $1 trillion in Assets Under Management (AUMN). According to the announcement, the partnership aims to support cross-chain Real-Word Assets (RWAs) tokenization in the Monetary Authority of Singapore’s (MAS) Project Guardian. Chainlink’s Partnership With ANZ Bank ANZ Bank will leverage Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to facilitate secure and efficient cross-chain trading and settlement of tokenized assets. Notably, the latest partnership is with ADDX, an investment firm based in Singapore. Their collaboration will see ANZ explore interoperability between private blockchains to exchange tokenized RWAs, such as commercial paper.  .@ChainlinkLabs is officially partnering with ANZ—a leading Australian bank with over A$1 trillion in AUM—in the Monetary Authority of Singapore’s Project Guardian.#Chainlink CCIP will help enable the secure cross-chain exchange of tokenized RWAs. https://t.co/nlXJPJKjDv — Chainlink (@chainlink) September 30, 2024 As a result, ANZ can help speed up the development of a stable and secure digital asset ecosystem in Singapore. This will be essential to meeting the future needs of its customers across the region.  Angel Dobson, ANZ Banking Services Lead, commented, “Tokenised asset markets are highly fragmented, with tokenized assets and related services developed across different blockchains that are not natively interoperable.  “We are pleased to join Project Guardian and look forward to demonstrating how our emerging Digital Assets capabilities, such as A$DC, can be used to support our customers to move goods and capital across the region,” Dobson emphasized. Since 2022, Project Guardian has encouraged collaboration between policymakers and the financial industry. Participants in the project seek to improve the liquidity and efficiency of financial markets through asset tokenization. …

Oct 1, 2024 - 01:00
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Chainlink and $1 Trillion AUM ANZ Bank Partner for RWA push

The post Chainlink and $1 Trillion AUM ANZ Bank Partner for RWA push appeared on BitcoinEthereumNews.com.

Chainlink is expanding its RWA influence to project Guardian through a new ANZ partnership. The CCIP protocol remains the go-to tool in the Chainlink tokenization journey. Decentralized Oracle platform Chainlink (LINK) has joined forces with ANZ, a leading Australian bank with over $1 trillion in Assets Under Management (AUMN). According to the announcement, the partnership aims to support cross-chain Real-Word Assets (RWAs) tokenization in the Monetary Authority of Singapore’s (MAS) Project Guardian. Chainlink’s Partnership With ANZ Bank ANZ Bank will leverage Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to facilitate secure and efficient cross-chain trading and settlement of tokenized assets. Notably, the latest partnership is with ADDX, an investment firm based in Singapore. Their collaboration will see ANZ explore interoperability between private blockchains to exchange tokenized RWAs, such as commercial paper.  .@ChainlinkLabs is officially partnering with ANZ—a leading Australian bank with over A$1 trillion in AUM—in the Monetary Authority of Singapore’s Project Guardian.#Chainlink CCIP will help enable the secure cross-chain exchange of tokenized RWAs. https://t.co/nlXJPJKjDv — Chainlink (@chainlink) September 30, 2024 As a result, ANZ can help speed up the development of a stable and secure digital asset ecosystem in Singapore. This will be essential to meeting the future needs of its customers across the region.  Angel Dobson, ANZ Banking Services Lead, commented, “Tokenised asset markets are highly fragmented, with tokenized assets and related services developed across different blockchains that are not natively interoperable.  “We are pleased to join Project Guardian and look forward to demonstrating how our emerging Digital Assets capabilities, such as A$DC, can be used to support our customers to move goods and capital across the region,” Dobson emphasized. Since 2022, Project Guardian has encouraged collaboration between policymakers and the financial industry. Participants in the project seek to improve the liquidity and efficiency of financial markets through asset tokenization. …

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