March was a significant month for tokenized real-world assets (RWAs) powered by Chainlink’s institutional-grade tokenization infrastructure, which has emerged as the preferred way to deliver key net asset value (NAV) and reserve data for a growing number of tokenized funds, such as the Spiko Amundi Overnight Swap Fund (SAFO), onchain.
Launched by Amundi, Europe’s largest asset manager with €2.3 trillion in AUM, and Spiko, a leading European fund tokenization platform, SAFO’s tokenized money market fund for institutional, corporate treasury, and collateral management offers stable, high-yield overnight liquidity by utilizing fully collateralized total return swaps on Ethereum and Stellar. SAFO provides 24/7 transfers, near-instant settlement, and real-time transparency.
Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is now bridging Coinbase’s wrapped BTC asset, cbBTC, to Monad’s DeFi ecosystem. Bridging over $5 billion in cbBTC from Base to Monad with CCIP allows BTC-backed liquidity to flow into Monad’s high-throughput DeFi markets with the institutional-grade security required to manage billions in cross-chain flows. Applications such as Curvance and Neverland are already adopting cbBTC markets on Monad.
Coinbase, which uses Chainlink’s Proof of Reserve to verify over $4.6 billion worth of BTC reserves and CCIP as its exclusive bridging solution, has also adopted Chainlink’s institutional-grade data publishing service, DataLink, to bring premium exchange data underpinning billions in trading activity onchain for the first time.
DeFi markets now have direct access to critical market information, which facilitates more accurate pricing, stronger risk management, and new onchain markets across derivatives, RWAs, structured products, perpetuals, synthetic assets, advanced risk engines for lending protocols, and more.
Abu Dhabi-based institutional blockchain platform ADI Foundation has partnered with Chainlink and integrated CCIP as the canonical cross-chain infrastructure for ADI Chain. ADI Chain is the chosen host for DDSC, a 1:1 dirham-backed stablecoin developed by IHC and First Abu Dhabi Bank. Licensed by the Central Bank of the UAE, DDSC is designed for institutional use, payments, and cross-border settlements.
Venus Protocol has brought Asia’s leading tokenized gold product, XAUm, which is secured by Chainlink SmartData, to BNB Chain. The fully-backed ERC-20 token with a $63 million market cap will set the standard for subsequent Chainlink-powered RWA listings on Venus, which plans to introduce tokenized treasuries, private credit, and other real-world instruments on BNB Chain.
Jupiter Exchange, the largest decentralized exchange on Solana with $2.8 billion TVL, has integrated Chainlink Data Streams to power its newly launched binary prediction markets, which allow users to trade on the outcomes of real-world events across categories like sports, crypto, politics, e-sports, culture, economics, and tech.
Cassa, a deterministic protocol for risk pricing and transfer, joined the Chainlink Build program to accelerate the adoption of a new primitive for tokenized risk that helps establish an advanced standard for DeFi-native risk infrastructure.
Leading permissionless perpetual exchange GMX launched ultra-fast perp markets powered by Chainlink Data Streams on MegaETH, the first real-time blockchain. The combination of MegaETH’s 10-millisecond block times and Chainlink’s pull-based oracle solution unlocks a superior trading experience for GMX users with real-time execution and reduced liquidation risk.
View the entire Chainlink ecosystem in one place.
