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TokenFi plans to launch the RWA tokenization module in 2024 and will integrate Chainlink’s PPoR and CCIP

TokenFi plans to launch the RWA tokenization module in 2024 and will integrate Chainlink’s PPoR and CCIP

Cointime2023/11/28 16:30
By: Cointime
XCN-1.41%LINK-0.06%

TokenFi announced the launch of its RWA tokenization module, aimed at digitizing non-security real-world assets (RWA). The module provides users with a fast and efficient way to digitize real-world assets on the TokenFi platform.The RWA tokenization module primarily allows for the digitization of non-security assets. The specific plan is set to launch in 2024 and will technically integrate Chainlink's Proof of Reserves (PoR) and Cross-Chain Interoperability Protocol (CCIP). Chainlink PoR will ensure the true collateral status of digitized assets, while CCIP will enable users to seamlessly and quickly move digitized assets between supported chains without relying on bridge solutions, thus improving efficiency and user experience.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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