Bridgetower, a digital asset infrastructure company for institutional markets, announced the use of Chainlink to tokenize securities linked to the DOM X copper-gold project in Arizona. The resource project is estimated at more than $11 billion, marking one of the larger real-world asset tokenization efforts in the U.S.
Chainlink, a blockchain data and interoperability provider, supplies the core infrastructure for the platform. Through this integration, tokenized assets gain access to data feeds, cross-chain connectivity, and lifecycle management tools. The system includes Cross-Chain Interoperability Protocol for market access, Proof of Reserve for asset verification, and NAVLink for on-chain valuation updates.
The Chainlink Runtime Environment coordinates key processes such as compliance checks, valuation updates, and settlement. This setup allows Bridgetower to manage issuance and distribution of tokenized securities at an institutional scale.
cryptonews.net