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Chainlink partners with Hanwha for global RWA tokenization platform, LINK eyes $15.43

Chainlink partners with Hanwha for global RWA tokenization platform, LINK eyes $15.43
Source: rande-academy.cz

Chainlink has entered into a strategic partnership with Hanwha Investment & Securities, a financial services arm of the South Korean conglomerate Hanwha Group, to deliver a global platform fo

Summary

  • DeFi Chainlink has entered into a strategic partnership with Hanwha Investment & Securities, a financial services arm of the South Korean conglomerate Hanwha Group, to deliver a global platform fo Hero article visual / chart / editorial image CryptoCompass editorial visual for defi coverage.
  • Chainlink will provide both its data standards and cross-chain interoperability protocol (CCIP) as the foundation for Hanwha’s new infrastructure, aiming to increase institutional access to blockchain-based assets worldwide.
  • Hanwha adopts Chainlink for tokenization project Hanwha Investment & Securities, a subsidiary of Hanwha Group listed in the Fortune Global 500, selected Chainlink to power its upcoming tokenization infrastructure for financial institutions worldwide.
  • A joint working group will also be established to explore the use of onchain finance in areas such as asset valuation, reserve validation, and the use of tokenized assets as collateral.
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