Tokenization is the largest opportunity in the blockchain industry, with demand estimates reaching into the tens of trillions of dollars by the 2030s. According to RWA.xyz, the tokenized asset space is growing rapidly, with an increasing number and variety of real-world assets (RWAs) being converted into their onchain format. 

Chainlink provides the essential infrastructure and ecosystem for powering the security, data, and movement of tokenized real-world assets. Already, Chainlink has enabled over $20 trillion in blockchain transaction value and is empowering the world’s largest tokenized RWAs, stablecoins, and funds to scale onchain.

In this repository, you’ll find major Chainlink announcements with leading tokenization platforms, tokenized funds, and stablecoin issuers that are driving the future of onchain finance.

TOKENIZATION AND CUSTODIAL PLATFORMS

Coinbase’s Project Diamond Adopts Chainlink To Scale Institutional Adoption of Digital Assets

Coinbase’s Project Diamond—a compliant digital asset platform for global institutions—is adopting Chainlink as infrastructure for powering the full lifecycle management of tokenized assets, with Peregrine, PSG Digital’s regulated business in the Abu Dhabi Global Market (ADGM), as the flagship user.

By natively integrating the Chainlink standard, Coinbase’s Project Diamond platform can offer data and cross-chain connectivity in a secure way that helps meet the compliance needs of institutional adopters. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is enabling new assets on Coinbase’s Project Diamond platform to become interoperable with public or private blockchains. Chainlink Functions enriches these assets with high-quality, real-world data no matter which chain they move across via CCIP.

With Chainlink natively integrated into the Project Diamond platform, asset issuers and fund managers have a secure solution to quickly scale their tokenized assets across public and private blockchains through verifiable data connectivity. The integration of the Chainlink standard also enhances the existing Coinbase Project Diamond implementation for Abu Dhabi Global Market’s (ADGM) RegLab.

“Chainlink is the only infrastructure that enables asset issuers, banks, and financial institutions to create tokenized asset solutions that are compliant, secured by verifiable data, and interoperable across any public or private blockchain. By integrating the Chainlink standard natively into Coinbase’s platform, we’re paving the way for widespread institutional adoption of digital assets.”—Marcel Kasumovich, Deputy Chief Investment Officer at Coinbase Project Diamond

Fireblocks and Chainlink Labs Announce Strategic Collaboration To Accelerate Regulated Stablecoin Issuance

Enterprise digital asset platform Fireblocks announced a strategic collaboration with Chainlink Labs to offer a secure and compliant technology solution for banks and financial institutions to issue and transact with stablecoins across global financial markets.

Fireblocks’ digital asset infrastructure and Chainlink help provide an end-to-end technology solution for financial institutions looking to issue and transact regulated stablecoins, setting a new industry standard for stablecoin issuance.

The proposed technology solution can support end-to-end tokenization capabilities for stablecoin issuers:

• Issuance: Securely mint, custody, distribute, and manage tokenized assets.
• Data synchronization: Verify stablecoin collateral onchain with proof of reserves for enhanced transparency.
• Data connectivity and enrichment: Track market-wide prices in real time for assets represented onchain.
• Compliance: Create a customizable suite of compliance components for stablecoin use cases, such as cross-border transactions.
• Custody: Securely custody and manage digital assets through Direct Custody Wallets-as-a-Service.
• Interoperability: Transfer data and value across public or private blockchains with the Chainlink standard for cross-chain interoperability.
• Liquidity and distribution: Directly connect to and distribute assets within crypto capital markets.

Abu Dhabi Global Market (ADGM) and Chainlink Forge Alliance to Shape Global Blockchain Standards and Best Practices

ADGM is a leading International Financial Centre based in the UAE’s capital that provides regulatory and legal infrastructure to support innovation in global finance. ADGM has signed a Memorandum of Understanding (MoU) with Chainlink Labs to advance compliant tokenization frameworks. This alliance supports innovative projects under ADGM’s Registration Authority by leveraging Chainlink Labs’ technical expertise, industry insights, and a suite of advanced services to maximize the utility of tokenized assets while ensuring regulatory compliance. 

“This strategic alliance is a significant step in further solidifying ADGM’s leadership in enabling blockchain innovation and enhancing alignment in the regulatory approach globally. By collaborating with Chainlink, we are aiming to set a global benchmark that spearheads transparency, security, and trust across the blockchain space.”—Hamad Sayah Al Mazrouei, CEO of ADGM Registration Authority

Taurus and Chainlink Join Forces to Advance Institutional Tokenized Asset Adoption

Taurus, a leading full-stack digital asset infrastructure platform covering issuance, custody, and trading, and Chainlink Labs announced a strategic collaboration to accelerate the adoption of tokenized assets by global financial institutions.

Together, Taurus and Chainlink Labs are solving three key challenges in the tokenized asset space— security, data, and asset mobility. Taurus is leveraging the Chainlink platform to enrich tokenized assets with high-quality offchain data and unlock cross-chain interoperability. This includes integrating Chainlink Data Feeds for market pricing, reference data, and identity data, providing crucial information about the asset’s state or facilitating transactions. Additionally, Chainlink Proof of Reserve is being integrated to help protect users from over-issuance risks and increase reserve transparency.

To enhance adoption and liquidity across chains, Taurus is also integrating Chainlink CCIP. Previously, Taurus successfully tested CCIP for bridging USDC across chains.

By integrating the Chainlink standard, Taurus gains:

• Accelerated time-to-market for any class of tokenized assets on any blockchain.
• Access to greater liquidity with seamless cross-chain interoperability.
• Enhanced cross-chain security, leveraging Chainlink’s battle-tested infrastructure.

OpenEden Adopts Chainlink CCIP and Proof of Reserve to Supercharge USDO’s Interoperability and Transparency

OpenEden—a leading real-world asset (RWA) tokenization platform—integrated the Chainlink standard to strengthen USDO’s cross-chain functionality and onchain transparency, and is adopting Chainlink Price Feeds for reliable onchain pricing data. OpenEden leverages Chainlink’s Cross-Chain Token (CCT) standard to provide USDO with secure cross-chain interoperability and real-time verifiable data on Ethereum and Base.

“One of USDO’s key features is full DeFi composability. By integrating Chainlink’s CCIP and Proof of Reserve, USDO gains added security, transparency, and cross-chain interoperability. Chainlink’s proven infrastructure also provides us with the reliability and trust needed for USDO to thrive in decentralized finance.”—Jeremy Ng, Founder and CEO of the OpenEden Group

Backed Is Now All-In on Chainlink Tokenized Asset Infrastructure

Backed is utilizing Chainlink’s full stack of tokenized RWA infrastructure. By integrating industry-standard Chainlink services, including CCIP, Data Feeds, and Proof of Reserve, Backed is enhancing the utility and liquidity of its tokenized RWAs. These integrations help address critical challenges in the tokenized asset economy and provide platforms and their users with transparent data to support the integration of Backed’s tokenized assets.

“We’re thrilled to fully integrate Chainlink’s essential tokenized asset infrastructure. By adopting Chainlink’s CCIP, Data Feeds, and Proof of Reserve, Backed is significantly enhancing the functionality of our tokenized assets. Chainlink’s industry-standard solutions are instrumental in advancing our vision of a seamless and transparent onchain financial ecosystem.”—Adam Levi, Co-founder at Backed

FUND TOKENIZATION

Sygnum and Fidelity International Partner With Chainlink To Provide Fund NAV Data Onchain

Chainlink, Fidelity International, and Sygnum collaborated to bring Net Asset Value (NAV) data onchain to enable the tokenization of Fidelity International’s $6.9 billion Institutional Liquidity Fund on the zkSync public blockchain. With Chainlink, NAV data is accurately reported and synchronized onchain in an automated and secure manner, providing real-time transparency and built-in access to historical data for Sygnum, its clients, and broader market participants.

Link to the announcement.

Apex Group and Fasanara Launch Tokenized Money Market Fund Developed in Collaboration With Chainlink

Fasanara is a London-based institutional investment manager and global leader in digital finance with over $4 billion in assets under management. Fasanara launched its first tokenized Money Market Fund, the “Fasanara MMF Token” (“FAST”), held on the Polygon blockchain. Developed in collaboration with Apex Group, Tokeny, Chainlink, Fireblocks, and XBTO, FAST offers investors a faster, more cost-effective, and transparent way to access money market investments. 

FAST combines the stability of traditional money market investments with the operational efficiency of blockchain technology. FAST enables real-time settlement and open distribution, eliminating manual processes and broadening investor access. This digital approach streamlines subscriptions, redemptions, and ongoing fund management, providing investors with a seamless investment experience.

To further enhance the transparency, utility, and liquidity of FAST, Fasanara is integrating the Chainlink standard, including Proof of Reserve and Data Feeds to verify AUM data and bring NAV data onchain, and Chainlink CCIP to enhance connectivity and scalability across blockchain networks.

Spiko, in Collaboration With CACEIS, Integrates Chainlink Infrastructure To Bring NAV Data Onchain

Spiko—in collaboration with CACEIS—has integrated Chainlink infrastructure to deliver NAV data of the Spiko Money Market Funds onto the Ethereum blockchain. By leveraging Chainlink’s cutting-edge technology, Spiko is enhancing the reliability of its NAV data and improving the operational efficiency of its tokenized assets.

This integration represents a major advancement in fund management practices, setting a new standard for accuracy, transparency, and utility. The Spiko Funds are the first Ethereum-native USD- and EUR-denominated Money Market Funds (MMFs) approved in the European Union.

Spiko is a cutting-edge investment technology provider specializing in tokenized money market funds. By leveraging blockchain technology, Spiko bridges the gap between traditional financial systems and digital assets. The Spiko Money Market Funds are retail UCITS MMFs, regulated under EU law, with assets backed by assets custodied by CACEIS, and shares natively issued onchain.

Backed, Sonic, and Chainlink Partner with Fortlake Asset Management for Landmark Fund Tokenization Use Case

Backed, Sonic, and Chainlink have partnered with Fortlake Asset Management to tokenize their Sigma Opportunities Fund, marking a significant milestone in bringing traditional financial assets onchain. Tokenizing the fund leads to new opportunities within DeFi, such as integrations with lending markets, use as a high-yield stablecoin savings solution, or as margin trading collateral.

The fund is being tokenized by Backed, which created permissionless tokens that are collateralized 1-to-1 by fund units, with their price tied to the real-time net asset value. These tokens are DeFi-ready and usable within the Sonic ecosystem. Chainlink SmartData delivers NAV data of the underlying fund shares onchain, Chainlink Proof of Reserve helps verify collateralization and AUM, and Chainlink CCIP enables seamless cross-chain liquidity and operations.

Superstate Integrates Chainlink To Enhance the Transparency and Utility of the USTB Tokenized Fund

Superstate is an asset management firm modernizing investing through tokenized financial products. The firm adopted Chainlink Data Feeds into Superstate’s tokenized treasury fund, the Superstate Short Duration US Government Securities Fund (USTB) with $350M+ in AUM. This integration enables Superstate to securely bring net asset value (NAV) data onchain, enhancing the composability of the fund across onchain financial markets.

Tokenized real-world assets, like Superstate’s USTB, require high-quality offchain data for market pricing. Superstate has addressed these needs by integrating Chainlink Data Feeds for onchain NAV data, enhancing transparency and utility for USTB. Additionally, Superstate is integrating Chainlink Proof of Reserve to further enhance the onchain verification of AUM data.

STABLECOIN ISSUERS

Bancolombia Group’s Wenia Taps Chainlink To Increase Transparency of Its Stablecoin

Wenia—the digital asset company from the Bancolombia Group, one of the largest financial conglomerates in Latin America—is using Chainlink Proof of Reserve (PoR) to bring end-to-end transparency to the Colombian Peso reserves backing its COPW stablecoin. PoR is integrated directly into the stablecoin’s minting function, helping to protect users against the risk of infinite mint attacks where additional COPW is issued without sufficient available reserves.

Usual Adopts the Chainlink Standard To Strengthen Security, Transparency, and Cross-Chain Capabilities

By adopting the Chainlink standard, including CCIP, Data Feeds, and Proof of Reserve, Usual is enhancing the utility and liquidity of USD0 and USD0++. USD0 and USD0++ require access to fresh asset prices that are supplied directly onchain in a highly reliable manner — this is why Usual has adopted Chainlink Price Feeds to function with the highest level of security and transparency.

Usual’s paramount objective is to ensure secure and efficient cross-chain movement before deploying assets such as USUAL on Base and BNB Chain. To achieve this, Usual employs a burn-and-mint mechanism via Chainlink CCIP, allowing USUAL to be transferred seamlessly across networks while maintaining its integrity.

To further reinforce transparency for USD0 and USD0++, Usual has integrated Chainlink Proof of Reserve, an onchain verification mechanism that ensures the collateral backing our tokens is continuously monitored and publicly auditable.

Paxos Adopts Chainlink’s PayPal USD Price Feed to Accelerate The Tokenized RWA Economy

To accelerate the adoption of PayPal USD (PYUSD), PayPal’s USD-backed stablecoin issued by Paxos, Chainlink supports a PYUSD Chainlink Price Feed on Ethereum mainnet. Secured by the Chainlink standard, this PYUSD Price Feed allows users to view highly accurate, reliable, and decentralized market data for PYUSD onchain. 

This provides users the information needed to help create secure markets around PYUSD and adopt it as their preferred stablecoin to facilitate onchain payments.

“We’re excited to collaborate with Chainlink in driving the adoption of tokenized real-world assets (RWAs) across a variety of use cases, including on-chain payments. Paxos’ platform enables PayPal to issue PYUSD on-chain, while Chainlink’s industry-standard PYUSD/USD Price Feed helps accelerate the stablecoin’s adoption across the smart contract ecosystem.” –Nick Robnett, Senior Director of Stablecoin Partnerships, Paxos

Ripple Adopts Chainlink To Further Ripple USD (RLUSD) Utility and Access in DeFi

Ripple is leveraging the Chainlink standard to bring high-quality pricing data around the Ripple USD (RLUSD) stablecoin onchain. 

RLUSD is a USD-denominated stablecoin created by Ripple. By adopting the Chainlink standard for verifiable data, Ripple is enhancing the utility of RLUSD across the onchain economy. Chainlink Price Feeds provide a secure, reliable source of RLUSD pricing data, enabling developers to integrate support for RLUSD into their DeFi applications for use cases such as trading, lending, and more.

M^0 Adopts Chainlink SmartData To Bring NAV Data Onchain for M Stablecoin

M^0 adopted Chainlink infrastructure to deliver NAV data on Ethereum for its decentralized stablecoin, M. ​​M is designed to be a foundational stablecoin building block, offering unparalleled composability and reliability for developers, stablecoin builders, and more. By leveraging Chainlink SmartData, M^0 is improving the transparency of M and providing integrators with accurate and secure NAV data onchain. 

“By adopting Chainlink’s SmartData suite of asset servicing solutions, we can make it significantly easier for integrators to get a real-time NAV value for M.”—Greg Di Prisco, Chief Architect & Co-Founder, M^0

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Disclaimer: This post is for informational purposes only and contains statements about the future, including anticipated product features, development, and timelines for the rollout of these features. These statements are only predictions and reflect current beliefs and expectations with respect to future events; they are based on assumptions and are subject to risk, uncertainties, and changes at any time. There can be no assurance that actual results will not differ materially from those expressed in these statements, although we believe them to be based on reasonable assumptions. All statements are valid only as of the date first posted. These statements may not reflect future developments due to user feedback or later events and we may not update this post in response.