Chainlink Powers Crypto Finance Asset Verification

Crypto Finance Integrates Chainlink for Asset Verification

• Crypto Finance, owned by Deutsche Börse, has integrated Chainlink Proof of Reserve for on-chain asset verification.
• This integration offers real-time public reserve data for nxtAssets’ physically backed Ethereum and Bitcoin ETPs.
• The system operates on the Arbitrum network using Chainlink oracles to publish custody information.
• The solution provides transparency accessible to issuers, custodians, and exchanges through the Chainlink Runtime Environment.

Crypto Finance’s integration with Chainlink enhances transparency by providing real-time reserve data for Ethereum and Bitcoin ETPs on Arbitrum. This move allows stakeholders to access verified custody information efficiently.