Asseto Finance has announced significant progress in the convergence of TradFi and DeFi with the announcement of a strategic integration with Chainlink, an industry-standard decentralized computing framework. Using Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and industry-leading price feed pool, Asseto Finance introduces a new level of transparency and liquidity. These advances support tokenized funds on Real-World Assets (RWA)-as-a-service platforms.
Increased transparency using real-time NAV data
Chainlink Price Feed powers Assetto’s CASH+ Money Market Fund to capture real-time net asset value (NAV) data. This facilitates the integration of asset valuations for real-world assets while ensuring accurate representation of tokenized value. A key concern within the RWA sector is providing guarantees that the on-chain value of a token matches the value of the underlying asset associated off-chain.
Chainlink’s decentralized oracle network will enable Asseto Finance to provide customers with high-fidelity, tamper-proof asset valuation data. Providing this level of transparency and assurance through services performed by institutional investors allows them to feel confident investing in on-chain products, which requires a high level of reporting standards. By filling this data gap, Assetto Finance can offer CASH+ fund customers the same reliability that traditional brokerages provide. At the same time, it also maintains the speed and efficiency of blockchain technology.
Chainlink CCIP seamless interoperability
The lack of fragmentation of liquidity across different blockchain platforms has been a major impediment to the implementation of tokenized assets. Asseto Finance takes an important step forward by leveraging Chainlink CCIP to enable rapid asset transfers between CASH+ funds. $BNB Chain and Ethereum. CCIP provides a secure messaging and data transmission layer designed to transfer assets between blockchains with greater security than existing cross-chain bridges.
Cross-chain connectivity for all RWA products allows investors to use both Ethereum and Ethereum. $BNB Gain cascading access to the same high-quality RWA products while increasing liquidity levels and providing a consistent user experience. The RWA market is expected to be worth trillions of dollars by the end of this decade, making interoperability a requirement rather than a luxury.
The next wave of RWA adoption
RWA-as-a-service builds on these collaborations and establishes a new standard in the issuance and management of real-world assets in tokenized form. It provides the necessary infrastructure for companies looking to tokenize and manage real-world assets.
Asseto Finance has significantly reduced the barrier to entry for asset managers wishing to operate within the Web3 ecosystem. Furthermore, the partnership is also in line with current market trends, as leading financial services companies continue to explore the use of blockchain in payments and asset management.
The tokenization of global illiquid assets is projected to become a multi-trillion dollar opportunity by 2030, according to a recent industry report from Boston Consulting Group (BCG). Asseto Finance is positioned to be one of the leaders in this transformation by leveraging Chainlink’s secure infrastructure.
conclusion
The integration of Chainlink’s CCIP and price feed Asseto Finance forms an elegant solution to the key challenges faced by modern RWA investors. These include providing accurate data and facilitating liquidity across multiple chains.
Asseto Finance develops multiple products/services by combining real-time reporting of the net asset value of investments with the ability for users to securely interact with multiple networks. Furthermore, this will lay the foundation for the future development of tokenized financial assets. As digital and physical assets become increasingly difficult to distinguish from each other, this technology foundation will provide the foundation for establishing a new, improved, and more open global economy.
