Tokenyze, a popular real-world asset (RWA) tokenization-as-a-service platform, is now formally part of the Chainlink BUILD initiative. This will put the platform at the forefront of safe, dependable, and interoperable tokenization by gaining access to Chainlink’s state-of-the-art oracle services and technological know-how.
What Tokenyze Gains from the Chainlink BUILD Program
Tokenyze will gain advanced, priority access to Chainlink’s extensive collection of oracle tools, such as data feeds, proof-of-reserve systems, cross-chain capabilities, and verifiable random functions (VRF), under the Chainlink BUILD program.
Notably, the collaboration provides Tokenyze with access to extensive technical assistance, exposure to more than 1.5 million community members, and opportunities for co-marketing and collaboration with a global network of innovators within the Chainlink ecosystem.
With enhanced access to Chainlink’s top oracle services, technical assistance, and ecosystem alliances, the Chainlink BUILD program is designed to help both established and early-stage blockchain enterprises scale quickly.
In return, participating projects provide rewards and network fees to encourage involvement from Chainlink’s service providers and stakeholders. The Chainlink team states that Tokenyze will offer a share of its total native token supply to Chainlink service providers, including those who stake tokens.
Meanwhile, Tokenyze will provide its partners and end customers with immediate access to trustworthy, impenetrable data from blockchain and conventional financial markets by integrating Chainlink’s infrastructure. This improvement aims to increase credibility, encourage innovation, and enhance security.
The Growing Demand for Real-World Asset (RWA) Tokenization
The integration occurs at a time when real-world asset (RWA) tokenization is rapidly gaining popularity. Capital markets currently rely on Chainlink’s highly secure oracles to bring off-chain data on-chain, supporting use cases such as delivery versus payment (DvP), tokenized securities, and cross-chain settlements.
Partnerships like these are poised to influence the next generation of blockchain-powered marketplaces and investment vehicles, changing trust and transparency in Web3 as digital assets and RWAs take center stage in global finance.
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