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Ledgity Yield Integrates Chainlink Tokenized Asset Infrastructure

Twitter icon  •  Published 6 months ago on June 24, 2024  •  Hassan Maishera

Chainlink announced via X on Friday that Ledgity Yield has integrated Chainlink CCIP across the Arbitrum, Base, and Ethereum mainnets.

Ledgity Yield Integrates Chainlink Tokenized Asset Infrastructure

Chainlink announced via X on Friday that Ledgity Yield has integrated Chainlink CCIP across the Arbitrum, Base, and Ethereum mainnets. Ledgity Yield is leveraging CCIP’s token transfer capabilities to facilitate cross-chain transfers of their RWA-backed LDY token via XSwap’s frontend interface, enabling users to easily stake LDY from various chains.

By enabling seamless cross-chain interoperability through CCIP, Ledgity Yield can increase liquidity and unlock greater access to new market opportunities for both individuals and protocols through LDY’s RWA-backed yield.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 3% over the past 24 hours and is trading at $13.072 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.