2024

Enhance

Chainlink

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 <li><strong>Taurus partners with Chainlink to boost tokenized asset adoption.</strong></li>
 <li><strong>The collaboration addresses security, data integrity, and cross-chain interoperability.</strong></li>
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<p>Taurus, a Swiss digital asset infrastructure provider backed by Credit Suisse and Deutsche Bank, has announced a <a href="https://x.com/chainlink/status/1841448075790819724" target="_blank" rel="noopener noreferrer nofollow">partnership </a>with Chainlink to accelerate the adoption of tokenized assets. This collaboration aims to tackle critical challenges in the tokenized asset sector, including security, data integrity, and asset mobility.</p>
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  <p lang="en" dir="ltr">.<a href="https://twitter.com/taurus_hq?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@taurus_hq</a>—a leading digital asset and tokenization platform covering issuance, custody, and trading—is fully integrating the <a href="https://twitter.com/hashtag/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Chainlink</a> platform for data and cross-chain.<br><br>The collaboration helps advance the adoption of institutional tokenized assets.<a href="https://t.co/zmiY8Uzn9A" rel="noopener noreferrer nofollow">https://t.co/zmiY8Uzn9A</a> <a href="https://t.co/GAhN1GUKQB" rel="noopener noreferrer nofollow">pic.twitter.com/GAhN1GUKQB</a></p>— Chainlink (@chainlink) <a href="https://twitter.com/chainlink/status/1841448075790819724?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 2, 2024</a>
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<p>To achieve these goals, Taurus will integrate Chainlink’s Data Feeds, which provide vital information on <a href="https://thenewscrypto.com/xrp-eyes-key-support-level-as-price-dips-amid-overall-market-sell-off/" target="_blank" rel="noopener noreferrer nofollow">market</a> pricing and asset state. This integration ensures robust proof of reserves, enhancing transparency and protecting users from the risks of over-issuance.&nbsp;</p>
<h3 class="wp-block-heading" id="h-chainlink-enhances-tokenized-asset-opportunities">Chainlink Enhances Tokenized Asset Opportunities</h3>
<p>Furthermore, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) will facilitate seamless connectivity across multiple <a href="https://thenewscrypto.com/philippines-youth-introduced-to-blockchain-by-government-agency/" target="_blank" rel="noopener noreferrer nofollow">blockchains</a>, leading to increased liquidity. Chainlink has already facilitated over $15 trillion in transaction value, collaborating with numerous institutional banks. Recently, On September 26, Taurus and Aktionariat announced a partnership.&nbsp;</p>
<p>This collaboration enabled the trading of tokenized shares from small- and medium-sized enterprises (SMEs) in Switzerland on the Taurus Digital Exchange (TDX). Furthermore, this partnership strengthens Taurus’ commitment to <a href="https://www.taurushq.com/blog/taurus-and-chainlink-join-forces-to-advance-institutional-tokenized-asset-adoption/" target="_blank" rel="noopener noreferrer nofollow">expanding </a>tokenized asset offerings. It will provide SMEs with greater access to liquidity and broader market participation.</p>
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Chainlink and Taurus Unite to Enhance Institutional Tokenization

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