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Chainlink Launches 24/7 Pricing Service for Tokenized Assets

Chainlink Launches 24/7 Pricing Service for Tokenized Assets

Photo: TokenPost

Chainlink launched a pricing service for tokenized real-world assets that operates beyond traditional market hours, supplying a continuous reference for trading, lending and related applications across digital markets. The service is designed for tokenized asset trading, perpetual contracts, prediction markets and lending. Aave is its first partner, using the data to price tokenized real-world asset collateral on Horizon, its institutional lending platform. Initial coverage includes actively traded U.S. stocks. Chainlink delivers the data through Data Feeds and Data Streams. During traditional market sessions, the service uses Chainlink’s existing 24/5 data.

Source: TokenPost

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