DOMANI Integrates Chainlink CCIP and Price Feeds To Unlock Institutional Cross-Chain Use Cases

Twitter icon  •  Published 7 महीने पहले on June 13, 2024  •  Hassan Maishera

Chainlink announced via X on Wednesday that DOMANI, a digital asset management platform, has integrated Chainlink CCIP and Price Feeds across Arbitrum and Polygon mainnets.

DOMANI Integrates Chainlink CCIP and Price Feeds To Unlock Institutional Cross-Chain Use Cases

Chainlink announced via X on Wednesday that DOMANI, a digital asset management platform, has integrated Chainlink CCIP and Price Feeds across Arbitrum and Polygon mainnets. DOMANI is leveraging CCIP’s Simplified Token Transfer mechanism to facilitate cross-chain bridging of their DEXTF token, and Price Feeds to enable accurate conversions and display USD-equivalent balances. 

Ultimately, the Chainlink platform helps unlock institutional cross-chain use cases for our protocol. DOMANI selected CCIP as their preferred interoperability solution because Chainlink has the most proven track record of maintaining the highest standard of security and reliability in the Web3 industry. Furthermore, CCIP is backed by the Risk Management Network, a separate, independent network that continually monitors and verifies cross-chain operations for suspicious activity.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 2% over the past 24 hours and is trading at $15.606 at press time.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.