According to Chainlink's Q3 2024 Report, the digital asset market experienced significant growth during this period, with Chainlink's infrastructure playing a critical role for major financial institutions entering the tokenized asset space. Market indicators showed a $5.3 billion expansion in stablecoin market capitalization, a 3.2% increase in Q3 2024, and a year-to-date growth of $37.5 billion or 28.1%. Tokenized U.S. Treasury bonds also saw exceptional growth, with a quarterly increase of $456.0 million (26.2% surge) and a year-to-date growth of 185.3%, equivalent to about $1.4 billion in total value locked. Financial powerhouses like 21Shares, Lympid, Superstate, and Sygnum have integrated Chainlink's services to enhance transparency and connectivity for tokenized assets. Superstate, in particular, has implemented Chainlink's infrastructure to improve its USTB tokenized fund operations. Chainlink's integration enables reliable on-chain reporting of the fund's net asset value, offering unprecedented transparency in fund management. The integration of Chainlink's Proof of Reserve gives continuous, automated validation of reserves, providing real-time, verifiable data on asset backing for investors. Chainlink's infrastructure serves as a crucial bridge between traditional finance and blockchain technology, fostering trust and enabling scalable growth in digital finance.



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