Hassan Maishera
Chainlink announced via X on Wednesday that Taurus, a leading full-stack digital asset infrastructure platform covering issuance, custody, and trading, will leverage the Chainlink platform to enrich tokenized assets with high-quality offchain data and unlock cross-chain interoperability.
Taurus has integrated Chainlink Data Feeds for market pricing, reference data, and identity data, providing crucial information about the asset's state or facilitating transactions. Additionally, Chainlink Proof of Reserve will help protect users from over-issuance risks and increase reserve transparency.
Furthermore, Taurus will integrate Chainlink's Cross-Chain Interoperability Protocol (CCIP). CCIP allows for the seamless transfer of tokenized assets to any public or private blockchain where potential users seek access. Utilizing Chainlink's infrastructure, Taurus will enable the creation of a unified golden record across chains, helping ensure all associated data remains synchronized across different blockchains and offchain systems.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down 3.5% over the past 24 hours and is trading at $10.80 at press time.
