Ando Finance has chosen Chainlink as the official oracle infrastructure for its regulated tokenized stock platform. This decision positions Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as the preferred solution for financial institutions collaborating with Ando. Additionally, Ando has adopted Chainlink’s data standards to ensure accurate and reliable pricing of tokenized stocks based on market data. Chainlink has also joined Ando’s Global Market Alliance to fully support the on-chain launch of regulated tokenized stocks. This partnership is expected to enhance transparency and trust within financial markets, as tokenized stocks offer investors traditional stock market benefits through blockchain technology. Tokenized stocks represent an innovative financial concept by converting traditional stocks into digital tokens, simplifying, accelerating, and securing their trading and ownership processes. Ando Finance is a leading platform providing new investment opportunities through this technology, while Chainlink bridges blockchain with real-world data. This collaboration will help financial institutions deliver more advanced and integrated services in the future, although challenges related to blockchain, cryptocurrency market shifts, and regulatory issues may persist.
Source: binance
