Tokenized RWAs: Chainlink Launches 24/7 Pricing, Aave Adopts It for Lending

Share

On October 29, Chainlink launched continuous pricing for tokenized traditional assets, complementing its existing 24/5 feeds, which already cover more than $1.6 billion in tokenized stocks. When equity markets are closed, the new mechanism uses quotes from several perpetual futures platforms, with stale-data filters and a system for managing transitions between trading sessions. Aave adopted the service at launch to continuously value collateral on its institutional Horizon platform, which allows qualified investors to borrow against tokenized assets. The system is intended to reduce solvency risks caused by prices remaining frozen during weekends and holidays. It also enables new products, including perpetual futures on stocks and continuously operating prediction markets.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
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.

Read More

Items