Chainlink launches 24/7 RWA pricing with Aave adoption

Chainlink has launched Chainlink 24/7 for continuous pricing of tokenized real-world assets, naming Aave as an adopter, as it brings equities and commodities data through weekends and market holidays. Chainlink 24/7 covers equities, commodities and other real-world assets across trading sessions, weekends and holidays. Aave is adopting the service for institutional lending backed by tokenized real-world assets. Prediction markets, perpetual futures and collateral management are among the applications named in the announcement. The CFTC has scheduled a Dec. 15 roundtable examining continuous trading across derivatives markets. Chainlink announced the service at Link:NYC on Oct.

Source: crypto.news