Fidelity International and Sygnum, in collaboration with Chainlink, are set to transform tokenized asset data by integrating Net Asset Value (NAV) data onchain. This innovative move, as revealed in an announcement today, aims to enhance transparency and real-time data access in the digital asset space. Notably, this partnership also reflects the increasing focus on fund management and blockchain integration.
Fidelity & Sygnum Taps Chainlink To Take NAV Data Onchain
In a groundbreaking announcement at the Point Zero Forum, Chainlink revealed its partnership with Fidelity International and Sygnum. The collaboration focuses on bringing NAV data onchain, marking a significant advancement in the world of tokenized assets.
By doing so, the alliance aims to increase transparency and accessibility to critical asset data, specifically for Sygnum’s onchain representation of Fidelity International’s $6.9 billion Institutional Liquidity Fund. The cryptocurrency bank, Sygnum, has recently t
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