- Launch of Chainlink Products on Base
- Quote from Head of Blockchain Partnerships at Chainlink Labs
- Chainlink's Role in Asset Management and Transparency
Chainlink officially launched two of its flagship products, Chainlink Data Streams and Chainlink VRF, on Base, a platform incubated by Coinbase and secured by Ethereum.
Launch of Chainlink Products on Base
Chainlink Data Streams offers an advanced data solution tailored for the DeFi market, integrating low-latency market data with automated execution. This facilitates the creation of high-throughput and user-friendly DeFi products. Chainlink VRF has processed over 21 million request transactions across various blockchains, and the latest VRF v2.5 upgrade includes improved billing, gas consumption prediction, and an enhanced user experience.
Quote from Head of Blockchain Partnerships at Chainlink Labs
Thodoris Karakostas, Head of Blockchain Partnerships at Chainlink Labs, stated:
Chainlink's Role in Asset Management and Transparency
Superstate, an asset management firm, integrated Chainlink’s infrastructure into its Superstate Short Duration US Government Securities Fund (USTB), enhancing transparency and utility. 21Shares US LLC adopted Chainlink’s Proof of Reserve for its Core Ethereum ETF (CETH) to improve transparency. This technology has been adopted by major financial institutions, including Bancolombia Group’s Wenia, BNY Mellon, and Citi.
The launch of Chainlink Data Streams and VRF on Base opens new opportunities for DeFi developers and enhances the transparency of financial products.
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