Chainlink launches new compliance framework for cross-chain bonds, price eyes $13.50

Chainlink has advanced its institutional presence with the introduction of a compliance framework designed to bring on-chain bond issuance in line with SWIFT standards. This initiative leverages the Cross-Chain Interoperability Protocol (CCIP), Automated Compliance Engine (ACE), and Data Streams, aiming to streamline cross-chain compliance for tokenized bonds across various blockchains. Apex Global Group, TREX Network, and ERC3643, known for their work in digital assets and blockchain networks, have deployed Chainlink’s compliance framework within their platforms.

Source: CoinTurk News