Hassan Maishera
On Wednesday, Chainlink announced via X that it has launched a new cross-chain, cross-border solution in collaboration with ADDX and ANZ. The solution leverages ADDX’s investment platform, ANZ’s Digital Asset Services, and Chainlink’s Cross-Chain
Interoperability Protocol (CCIP), including its recently announced Private Transactions capability.
The solution shows how CCIP Private Transactions unlock privacy-enabled cross-chain, cross-border connectivity for tokenized commercial paper. CCIP Private Transactions enable financial institutions to use the public CCIP network while preventing third parties from accessing private data within private blockchains and cross-chain transactions.
The new solution streamlined the entire lifecycle of tokenized commercial paper and proved how regulated financial entities can securely tokenize and execute digital asset transactions using their existing systems while staying within the regulatory frameworks that ensure the integrity of financial markets.
Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is up 6.5% over the past 24 hours, trading at $12.45 at press time.
