Johann Eid Profile picture
Crypto Fanatic. CBO at Chainlink.
Sep 5 12 tweets 3 min read
Every month the tokenization of the world accelerates, this Summer was no exception. Across Government, TradFi, and DeFI Chainlink continues to build with the largest institutions in the world.

1 - With the U.S. government Chainlink worked to bring the Department of Commerce (@CommerceGov) macroeconomic data Onchain for the first time in history, a critical milestone for blockchains to act as the source of Truth for the World. Additionally, Chainlink Oracles were recognized in the first White House (@WhiteHouse) Digital Asset report as critical infrastructure for stablecoins and the Onchain economy.

2- In the TradFi world, Chainlink has partnered with SBI Group, one of Japan's biggest financial conglomerates to accelerate adoption of tokenized assets in the APAC region. Chainlink also collaborated with Intercontinental Exchange (@ICE_Markets), the parent company of the New York Stock Exchange, to bring for the first time ever ICE’s high-quality forex and precious metals data onchain to over 2,000 applications.

3- In DeFi, Chainlink was a launch partner of WLFI (@worldlibertyfi), the largest token launch in years supported by @realDonaldTrump which integrated Chainlink CCIP from day-1 to enable cross-chain transfers of its multi-billion dollar governance token WLFI transferring a value of $145M in one single day . @xStocksFi adopted Chainlink as their official oracle infrastructure and @OndoFinance partnered with Chainlink to launch Ondo Global Markets bringing tokenized stocks and ETFs On-chain.

Last but not least, our long-time partners at @Aave launched Horizon in coordination with Chainlink Oracles to bring the TradFi world Onchain. Already sitting at 80M USD in TVL, many great things will come out of this as Horizon becomes the gateway for large institutions to onboard into our space.

All of this adoption both recent and from many years ago has culminated in hundreds of millions in revenue, which fuels the launch of the Chainlink Reserve, a new upgrade designed to support the long-term growth of the Chainlink network by accumulating LINK tokens generated from the adoption of the Chainlink standards and revenue from large enterprises adopting it.

We’re achieving in a few weeks' time things that we wouldn’t have dreamed of doing only a year ago. Accelerate!

More highlights below ↓ Chainlink announced the Chainlink Automated Compliance Engine (ACE), a unified & modular standard to help solve all onchain compliance problems and bring institutional capital onchain. Chainlink ACE is built on the Chainlink Runtime Environment (CRE) and launched in collaboration with leading market participants @ApexGlobalGroup, @GLEIF, & @ERC3643Org.