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Crypto & Bitcoin

Hanwha Chooses Chainlink Data and CCIP for Global Tokenization Platform

Reported by NewsBTC

Image: NewsBTC

TL;DR: The proposal covers more than representing an asset with an on-chain token. A strategic partnership does not establish that the platform is fully operational, that collateral has already changed hands or that tokenized instruments have universal legal recognition. Hanwha Investment & Securities announced on October 29 that it would adopt Chainlink data standards and the Cross-Chain Interoperability Protocol for a global real-world asset tokenization platform. The financial firm and Chainlink also formed a working group on collateral and institutional use cases. The most concrete starting point is the dated disclosure from Hanwha Investment & Securities.

This is an excerpt. The reporting belongs to NewsBTC.

Read the full report on newsbtc.com
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