Bitcoin
Bitcoin (BTC)
$83,955.00 -0.5142
Bitcoin price
Ethereum
Ethereum (ETH)
$1,909.11 -1.69158
Ethereum price
BNB
BNB (BNB)
$604.38 -0.56062
BNB price
Solana
Solana (SOL)
$129.77 -4.21443
Solana price
XRP
XRP (XRP)
$2.33 -3.7865
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000135 5.71727
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -6.23781
Pepe price
Bonk
Bonk (BONK)
$0.0000108 -2.47573
Bonk price
dogwifhat
dogwifhat (WIF)
$0.482747 -3.96211
dogwifhat price
Popcat
Popcat (POPCAT)
$0.192393 -1.40632
Popcat price
Bitcoin
Bitcoin (BTC)
$83,955.00 -0.5142
Bitcoin price
Ethereum
Ethereum (ETH)
$1,909.11 -1.69158
Ethereum price
BNB
BNB (BNB)
$604.38 -0.56062
BNB price
Solana
Solana (SOL)
$129.77 -4.21443
Solana price
XRP
XRP (XRP)
$2.33 -3.7865
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000135 5.71727
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -6.23781
Pepe price
Bonk
Bonk (BONK)
$0.0000108 -2.47573
Bonk price
dogwifhat
dogwifhat (WIF)
$0.482747 -3.96211
dogwifhat price
Popcat
Popcat (POPCAT)
$0.192393 -1.40632
Popcat price
Bitcoin
Bitcoin (BTC)
$83,955.00 -0.5142
Bitcoin price
Ethereum
Ethereum (ETH)
$1,909.11 -1.69158
Ethereum price
BNB
BNB (BNB)
$604.38 -0.56062
BNB price
Solana
Solana (SOL)
$129.77 -4.21443
Solana price
XRP
XRP (XRP)
$2.33 -3.7865
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000135 5.71727
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -6.23781
Pepe price
Bonk
Bonk (BONK)
$0.0000108 -2.47573
Bonk price
dogwifhat
dogwifhat (WIF)
$0.482747 -3.96211
dogwifhat price
Popcat
Popcat (POPCAT)
$0.192393 -1.40632
Popcat price
Bitcoin
Bitcoin (BTC)
$83,955.00 -0.5142
Bitcoin price
Ethereum
Ethereum (ETH)
$1,909.11 -1.69158
Ethereum price
BNB
BNB (BNB)
$604.38 -0.56062
BNB price
Solana
Solana (SOL)
$129.77 -4.21443
Solana price
XRP
XRP (XRP)
$2.33 -3.7865
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000135 5.71727
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -6.23781
Pepe price
Bonk
Bonk (BONK)
$0.0000108 -2.47573
Bonk price
dogwifhat
dogwifhat (WIF)
$0.482747 -3.96211
dogwifhat price
Popcat
Popcat (POPCAT)
$0.192393 -1.40632
Popcat price

Taurus partners with Chainlink for broader tokenization adoption

Jayson Derrick
Edited by
News
Taurus partners with Chainlink for broader tokenization adoption

Taurus, backed by Deutsche Bank, has teamed up with Chainlink Labs to advance the use of tokenized assets by financial institutions.

Taurus will integrate Chainlink’s (LINK) technology to solve key issues in tokenized assets, focusing on security, data accuracy, and cross-chain connectivity for institutional investors, according to company announcements.

Partnership details 

The partnership aims to tackle some of the biggest challenges in tokenized assets: security, data reliability, and asset mobility across different blockchains.

Through the partnership, Taurus will integrate Chainlink’s Data Feeds and Proof of Reserve features. Data Feeds provide real-time data about asset prices and transactions, while Proof of Reserve ensures transparency and reduces the risk of over-issuing tokenized assets. 

Taurus will also use Chainlink’s Cross-Chain Interoperability Protocol to allow tokenized assets to move easily between different blockchains.

Tokenized assets are digital representations of real-world assets, such as stocks, bonds, or real estate, that can be traded on blockchain networks. These assets offer the potential for greater efficiency and liquidity but face issues related to data transparency and cross-chain transfers. 

Chainlink’s infrastructure is designed to solve these problems by providing off-chain data and secure cross-chain connectivity.

Taurus and Chainlink are betting that these innovations will encourage more institutions to adopt tokenized assets, as the technology enhances liquidity and ensures better data integrity. 

Taurus has been dabbling in tokenization for a while now, having received regulatory approval from FINMA to offer tokenized securities trading to retail clients. This allowed retail users to participate in capital raises and trade digital assets on Taurus’s regulated platform, broadening access to primary and secondary markets.