Chainlink will enable verifiable data transmission and crosschain interoperability for Coinbase’s Project Diamond.
Blockchain oracle network Chainlink has integrated with Coinbase’s Project Diamond, Coinbase’s digital asset platform for global institutions. The integration will provide data and enable full lifecycle management of new tokenized assets on the platform.
Project Diamond is regulated by the Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM) and is a resident of the ADGM RegLab sandbox. It has the trade name Onchain Marketplace. That implementation will be upgraded in the integration.
Peregrine, the PSG Digital business regulated by the ADGM, will be the flagship user of the integrated platform.
