OpenAssets and Chainlink Announce Strategic Partnership to Launch Asset Tokenization Infrastructure Solution for Institutional Clients

According to PR Newswire, OpenAssets, a digital asset infrastructure provider, announced a strategic partnership with Chainlink. The collaboration will combine OpenAssets’ full-stack tokenization and stablecoin infrastructure with Chainlink’s oracle network, cross-chain interoperability protocol (CCIP), Digital Transfer Agent, NAVLink, and Price Feeds to help financial institutions launch production-ready, institutional-grade asset tokenization solutions. OpenAssets stated that an estimated $68 trillion in assets is expected to be tokenized on-chain over the next several years. OpenAssets’ partner network includes ICE, Tether, Fanatics, Mysten Labs, and KraneShares; Chainlink has been adopted by institutions including SWIFT, Euroclear, and Mastercard.