Hassan Maishera
On Tuesday, Chainlink announced via X that the asset manager Fasanara, with over $4b in assets under management, had adopted Chainlink CCIP on Polygon. The integration comes after Fasanara launched its first tokenized Money Market Fund, the “Fasanara MMF Token” (“FAST”).
To further enhance the transparency, utility, and liquidity of FAST, Fasanara will employ the Chainlink standard, including Proof of Reserve and Data Feeds to verify AUM and bring NAV data on-chain, and intends to leverage Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enhance connectivity and scalability across blockchain networks.
Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is up 7% over the past 24 hours, trading at $25.98.
