Chainlink Launches Weekend Pricing for Tokenized Assets, Alongside Aave

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Chainlink is launching Chainlink 24/7, a service that provides continuous prices for stocks, commodities and other traditional assets, including on weekends and public holidays. When traditional markets are closed, reference prices are derived from quotes across several perpetual futures venues rather than transactions on closed exchanges. Aave is the first partner and will use the feeds on its Horizon institutional platform, which allows qualified investors to borrow against tokenized assets. Chainlink says its existing infrastructure already supports more than $1.6 billion in tokenized stocks during weekdays. The launch aims to provide continuous valuations for better liquidation risk management when equity markets are closed.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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