Chainlink, the industry-leading decentralized oracle network, has announced the successful launch of its new ’24/5′ onchain data streams. This groundbreaking service provides continuous, near real-time price feeds for a growing list of tokenized US stocks and Exchange Traded Funds (ETFs), effectively bridging the operational gap between traditional financial markets and the burgeoning decentralized finance (DeFi) ecosystem.
The ’24/5′ initiative targets the critical need for reliable and timely asset valuation in tokenized markets. Unlike standard blockchain price feeds, which often prioritize cryptocurrency assets, these new streams operate 24 hours a day, five days a week (Monday to Friday), ensuring that protocols utilizing tokenized securities have access to validated data matching global trading schedules. This constant availability is essential for the seamless function of decentralized trading platforms, collateral management systems, and innovative structured products built on real-world assets (RWAs).
Data is sourced from multiple premium providers and aggregated through Chainlink’s robust decentralized network of independent node operators. This validation process ensures data integrity and mitigates risks associated with single points of failure or manipulation. By delivering verifiable, high-frequency data streams directly onto various blockchains, Chainlink drastically lowers the technical barrier for institutions looking to utilize distributed ledger technology (DLT) for their asset management needs.
Industry observers view this launch as a pivotal development in the RWA tokenization movement, providing the necessary infrastructural layer for scalable institutional adoption and paving the way for a new generation of sophisticated, compliant financial applications on the blockchain.
Source: Chainlink launches ’24/5′ onchain data streams for tokenized US stocks and ETFs
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