The Chainlink Build program fosters promising early-stage startups and established projects in Chainlink’s ecosystem. Participants receive benefits including enhanced access to essential Chainlink infrastructure, new product alpha and beta releases, and technical support, in exchange for paying fees that incentivize Chainlink service providers, boost the network’s cryptoeconomic security, and advance the web3 industry as a whole.
Today, real world asset (RWA) tokenization-as-a-service platform Tokenyze announced it is officially joining Build to support the security and use of its enterprise-grade tokenization protocol through Chainlink’s industry-leading oracle services, including Price Feeds to facilitate redemption, collateralization, and portfolio logic; Proof of Reserve to verify 1:1 backing of tokenized inventory; and Cross-Chain Interoperability Protocol (CCIP) for secure transfers.
Built for metals producers, refiners, miners, dealers, and other industrial supply chain finance operators, Tokenyze utilizes a proprietary agent portal to convert warehouse receipts and trade finance documents into compliant ERC-3643 tokens that can be wrapped as ERC-20 tokens to create onchain collateral for supply chain finance, stablecoin collateralization, DeFi lending, and payments.
Leveraging SOC 2 Type 1–audited controls, real-time proof of reserve oracles, and automated collateral management workflows, Tokenyze is designed to transform idle stock into programmable capital and turn supply chains into a new layer of digital capital markets.
As the standard for onchain finance, Chainlink has enabled over $22 trillion in transaction value and provides key oracle services for a spectrum of RWA and stablecoin issuers, including DeFi protocols such as Paxos and StablR, as well as some of the world’s largest financial institutions such as ANZ and Fidelity International.
In an official announcement, Tokenyze co-founder and CEO Michael So said joining Chainlink Build is a major milestone that advances the effort to unlock tokenized assets at a global scale.
“By integrating the Chainlink data standard, we’re not only enhancing the security and transparency of our tokenized supply chain assets but also accelerating the realization of our goal of creating a new onchain capital market layer.”