Chainlink to join Rapid Addition in building blockchain adapter for institutions
Chainlink Labs’ Vince Turcotte told Cointelegraph that they expect digitally-native institutions to be the first to adopt the integration.
Blockchain oracle project Chainlink has partnered with Financial Information eXchange (FIX) connectivity solutions provider Rapid Addition to develop a FIX-native adapter for institutional digital asset trading.
In an announcement, Chainlink said the adapter would be powered by its Cross-Chain Interoperability Protocol (CCIP), an interoperability protocol with use cases across token transfers, gaming and decentralized finance (DeFi).
According to Chainlink, the collaboration will let banks and financial institutions send messages and engage with a “broad spectrum of tokenized assets.”
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Author: Ezra Reguerra
