Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is the industry standard for cross-chain digital asset and data transfer. Leading DeFi protocols and decentralized exchanges as well as traditional financial institutions are integrating CCIP to unlock new use cases and markets for tokenized real-world assets with unique onchain utility, such as fractionalization and programmability.
Recently, RealToken DAO, a decentralized autonomous organization governing the tokenization of real-world assets within the RealT ecosystem, announced its CCIP integration across the Ethereum, Gnosis, and Polygon mainnets. RealToken DAO is employing CCIP’s Simplified Token Transfer capabilities to facilitate cross-chain transfers of its governance token, REG.
RealT’s innovative, Ethereum-powered platform allows users to buy and sell fractionalized shares of tokenized U.S. real estate as compliant ERC-20 tokens. RealToken DAO was conceived in order to democratize governance of RealT’s real-world asset tokenization by leveraging blockchain technology to enable transparent, community-driven decision-making.
As the industry-standard decentralized computing platform, Chainlink has enabled over $12 trillion in transaction value and provides a comprehensive set of services that are critical for creating and securing tokenized assets. Utilizing Chainlink’s time-tested oracle infrastructure, CCIP achieves the highest level of cross-chain security and features a separate Risk Management Network that independently monitors cross-chain functions for suspicious activity.
As a secure, streamlined solution for cross-chain REG transfers, CCIP will allow RealToken DAO to increase liquidity and accessibility while enhancing its user experience. The RealToken ecosystem already utilizes the DAI/USD and USDC/USD Chainlink Price Feeds to add RealTokens to the RealT RMM platform, with plans to broaden DeFi access for REG through additional Chainlink integrations in the future.
“Integrating Chainlink CCIP allows us to enable secure and seamless cross-chain transfers for REG,” said RealT’s CEO, Remy Jacobson, in an official announcement. “Chainlink’s proven reliability and security give us strong confidence that we are providing the best possible experience for our community.”
To learn more about RealT, visit their website, X, Telegram, and Discord.