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Reading: BX Digital and Chainlink Forge a Game-Changing Partnership in Switzerland
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COINTURK NEWS > Chainlink (LINK) > BX Digital and Chainlink Forge a Game-Changing Partnership in Switzerland
Chainlink (LINK)

BX Digital and Chainlink Forge a Game-Changing Partnership in Switzerland

In Brief

  • BX Digital partners with Chainlink to improve digital asset trading in Switzerland.

  • The collaboration aims for transparency and reliability in transactions.

  • Chainlink's interoperability protocol enhances multi-chain application development.

İlayda Peker
İlayda Peker 4 months ago
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BX Digital, part of the Boerse Stuttgart Group, aims to integrate Swiss stock pricing data onto blockchain technology through a collaboration with Chainlink $16. This partnership is expected to enhance transparency and reliability in digital asset transactions.

Contents
Chainlink DevelopmentsChainlink’s New Protocols

Chainlink Developments

Currently, the partnership is progressing on a testnet with plans to transition to mainnet soon. BX Digital and Chainlink assert that this solution will make digital asset trading more transparent and trustworthy.

Andreas Ruflin, Digital Director at BX Digital, remarked that Chainlink is the “standard for verifiable data solutions,” playing a crucial role in asset tokenization, secondary market trading, and enhancing settlement speed and security. Ruflin emphasized that this collaboration will provide significant benefits to digital asset trading.

Chainlink’s New Protocols

Chainlink has launched the Cross-Chain Interoperability Protocol (CCIP) on the World Chain. This protocol allows seamless communication between different blockchain networks, enabling developers to create multi-chain applications.

“With integration into World Chain, Chainlink empowers developers to build secure and uninterrupted multi-network supported applications.” -Chainlink.

Recognized for its various collaborations with financial institutions and other blockchains, Chainlink’s LINK is one of the largest cryptocurrencies by market capitalization, currently valued at $25.44. The partnership with Chainlink is seen as a significant step towards the future of digital finance by Boerse Stuttgart Group, Europe’s sixth-largest TradFi exchange group.

With Chainlink’s solutions aimed at creating a more secure and transparent environment for digital asset trading while boosting tokenization and market liquidity, the preference of global giants for Chainlink reflects its pricing potential.

BX Digital and Chainlink’s partnership aspires to open new avenues in digital asset trading in Switzerland. By providing market participants with more reliable data access, this collaboration aims to enhance the dynamism of trading.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 25 January, 2025 - 3:05 pm 25 January, 2025 - 3:05 pm
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