21x, an exchange based on token for token, announced today that it has adopted the Chainlink to deliver onchain market data for its tokenized titles.
LIVE-IN-PROGUCTION and fueled by the Chainlink (CRE) execution environment (CRE), Chainlink enables the market data, including the best bids and prices requested by the corresponding quantities, as well as the latest prices traded for titles listed on the 21x platform.
These data can access directly to the public blockchain Polygon in real time. This allows for a number of new cases of use for EU -regulated shares, debts and funds, from securing lending protocols to automated portfolio balancing.
“The Chainlink standard allows 21x to carry safe and reliable real -time data, verifiable data on Onchain,” said Max Heinzle, 21X chief executive. “By incorporating Chainlink into the regulated DLT trading area. We provide transparency, controlle and utility that institutions require to move to the chain.
Now, with Chainlink’s infrastructure in place, which secures the majority of Defi and allowed the ability to automatically forced tens of trillion, the 21X market data is automatically recovered from Onchain contracts, concentrated and published in standardized format that can read mechanically to the Mulcine Network.
This Cre -powered work flow provides a verifiable source of truth to market participants, rationalizing the integration for developers. As a result, data from the 21X platform are seamlessly accessible by market participants, as well as custody providers, Defi protocols and risk management systems, thus unlocking real -time estimates for real -time titles.
“We are excited that 21x, the first fully regulated onchain for commercial and settlement, has adopted the link data standard,” said Fernando Vazquez, president of Banking & Capital Markets in Labelink Labs. “With the Chainlink that makes the 21X regulated with the EU regulated by the EU most used throughout the economy of Ohanos and helping to bring the property of institutional quality to Defi protocols around the world, this is a central moment for the blockchain economy as it opens its flames.”
Looking forward, the 21X plans to expand integration with Chainelink to include data before engaging, deeper detailed data and additional assets categories, continuing to enhance the utility of onchain markets.
All data will remain accessible through the 21X platform interconnection and onchain finals-by enhancing financial institutions, developers and regulators to interact with the live market data in the core of an evolving digital ecosystem. This integration is an important step towards building a more transparent, complex and effective financial system, which opens floods for institutional capital to move onchain.