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Hong Kong Gold Exchange’s XGZ Token Adopts Chainlink’s CCIP for Cross-Chain Transfers

Hong Kong Gold Exchange’s XGZ Token Adopts Chainlink’s CCIP for Cross-Chain Transfers

Photo: TheCoinrise

The gold-backed token will use Chainlink's interoperability protocol to move across multiple blockchains The Hong Kong Gold Exchange has connected its XGZ gold-backed token to Chainlink's Cross-Chain Interoperability Protocol, known as CCIP. The integration allows XGZ to transfer across different blockchain networks using Chainlink's infrastructure rather than a single proprietary bridge. XGZ is a token issued by the Hong Kong Gold Exchange and is backed by physical gold held by the exchange.

Source: TheCoinrise

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