Chainlink Boosts Tokenized Asset Adoption with Taurus Partnership

Chainlink Partners with Taurus for Tokenized Asset Adoption

Chainlink has entered a strategic partnership with Taurus, a Swiss cryptocurrency custody and trading firm, to promote the adoption of tokenized assets within the financial sector. According to Chainlink CEO Sergey Nazarov, the tokenization of real-world assets (RWA) will likely transform traditional finance (TradFi) into a leading customer of decentralized finance (DeFi).

Collaboration Highlights

This collaboration aims to utilize Chainlink's advanced technologies to enhance the Taurus platform. Key features include:

• Offchain Data for improved accuracy and reliability.
• Proof of Reserve to ensure asset backing and trust.
• Cross-Chain Interoperability Protocol to facilitate liquidity across multiple blockchain networks.

The partnership represents a significant step forward, combining a comprehensive digital asset infrastructure with Chainlink’s essential infrastructure for the tokenized asset economy.