Spiko Integrates Chainlink’s Tokenized Asset Infrastructure

Twitter icon  •  Published 1 month ago  •  Hassan Maishera

Chainlink announced via X on Wednesday that Spiko, in collaboration with CACEIS, has integrated its tokenized asset infrastructure on the Ethereum blockchain.

Chainlink announced via X on Wednesday that Spiko, in collaboration with CACEIS, has integrated its tokenized asset infrastructure on the Ethereum blockchain. By leveraging Chainlink’s cutting-edge technology, Spiko is enhancing the reliability of its Net Asset Value (NAV) data's reliability and improving its tokenized assets' operational efficiency.

Spiko is an investment technology provider specializing in tokenized money market funds. By leveraging blockchain technology, Spiko bridges the gap between traditional financial systems and digital assets.

By integrating Chainlink, Spiko can now access NAV data onchain with unparalleled accuracy and security. This ensures that NAV data is reported in real-time and synchronized across various platforms, enhancing transparency for Spiko users and the broader financial ecosystem.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down 1% over the past 24 hours and is trading at $11.10 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.