Key takeout
- Owned by Deutsche Börse, Crypto Finance is a proof of an integrated chain link reserve for transparent on-chain verification of assets.
- This solution enables real-time public reserve data for NXTASSETS physically backed Ethereum and Bitcoin ETP on Arbitrum via ChainLink Oracles.
Crypto Finance, a Frankfurt-based digital asset solutions provider owned by Deutsche Börse, today has integrated the integrated chain link spare proof to enable on-chain verification of managed assets in exchangeable products.
The integration allows NXTASSETS’ physically backed Ethereum and Bitcoin ETP to publicly display reserve data via Arbitrum’s ChainLink’s Oracle Network. The system uses the ChainLink Runtime environment to expose real-time custody information accessible to publishers, administrators, and exchanges.
