Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    image 325
    CryptoMarketNewsSponsored Article

    Brett Price Prediction: Brett Hits $0.0556, While Troller Cat Climbs to $0.000017 With 69% APY Staking Power

    What if the next 60x meme coin wasn’t already at the top…

    By
    Benedikt Krüger
    May 31, 2025
    image 313
    CryptoMarketNewsSponsored Article
    Missed the Popcat Boom? Buy TCAT Now Before This Cat Jumps from $0.00001458 to $0.0005309
    May 31, 2025
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    NewsCrypto
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    May 30, 2025
    image 30 May 2025 12 40 50
    CryptoMarketNews
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    May 30, 2025
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    NewsBitcoinCrypto
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    May 30, 2025
  • Cryptocurrency
    image 325
    Brett Price Prediction: Brett Hits $0.0556, While Troller Cat Climbs to $0.000017 With 69% APY Staking Power
    10 Min Read
    image 313
    Missed the Popcat Boom? Buy TCAT Now Before This Cat Jumps from $0.00001458 to $0.0005309
    7 Min Read
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    7 Min Read
    image 30 May 2025 12 40 50
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    3 Min Read
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    5 Min Read
    Bybit MiCAR license
    Bybit Expands into Europe with MiCAR License and Vienna Headquarters
    6 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Chainlink Integration Powers Tokenized Treasury Fund
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > News > Chainlink Integration Powers Tokenized Treasury Fund
News

Chainlink Integration Powers Tokenized Treasury Fund

Chainlink Integration Powers Tokenized Treasury Fund
Chainlink Integration Powers Tokenized Treasury Fund
Thibault Lefebvre
Last updated: August 13, 2024 8:40 am
By
Thibault Lefebvre
Published August 13, 2024
5 Min Read
Share

Chainlink integration marks a big step for Superstate, an asset management firm that focuses on blockchain technology. By using Chainlink, Superstate aims to better manage digital assets and make them safer and easier for investors to access. This move is important for the company as it tries to grow in the quickly expanding market of tokenization.

Contents
Chainlink Integration Supports Market ExpansionChainlink Integration Fuels Future GrowthChainlink Integration Sets the Stage for Success
Chainlink Integration
Chainlink Integration

DEYTHERE Media News reports that this step is a major development in both blockchain and finance. With Chainlink technology, Superstate positions itself as a leader in innovation, potentially offering better investment options and strengthening its role in the global market. This move shows the company’s dedication to using the latest technology to stay competitive.

The integration of Chainlink is crucial for Superstate as it enhances the functionality and reliability of its tokenized treasury fund. By leveraging Chainlink’s Data Feeds, Superstate can now bring net asset value (NAV) data for its Superstate Short Duration US Government Securities Fund on-chain. This integration is not just a technical upgrade; it’s a strategic move aimed at improving the composability of their offerings.

In a rapidly growing tokenization market, access to accurate and timely data is essential. The integration of Chainlink provides Superstate with the off-chain data required for better market pricing, increased utility, and enhanced transparency. These factors are critical for maintaining trust and attracting more investors to their tokenized products.

The integration is part of Superstate’s broader strategy to tap into the growing interest in decentralized finance (DeFi) and real-world assets. This is a timely move that aligns with industry trends, where more traditional assets are being tokenized to provide new investment opportunities.

Chainlink Integration Supports Market Expansion

Superstate is not the only player in this field, but with the Chainlink integration, it is positioning itself as a leader in the tokenized asset economy. As Johann Eid, the chief business officer at Chainlink Labs, stated,

“Superstate is playing a fundamental role in advancing infrastructure and servicing essential aspects of the rapidly growing tokenized asset economy.”

The tokenized treasury market is seeing significant growth, with major firms like BlackRock launching their own digital liquidity funds on platforms like Ethereum.

Chainlink Integration
Chainlink Integration

The competition is fierce, but DEYTHERE Media News highlights that Chainlink integration gives Superstate a competitive edge, particularly in how it manages and presents its data.

Currently, Superstate manages over $129 million in assets for its tokenized products. With Chainlink integration, the firm aims to boost the performance and appeal of its Superstate Short Duration US Government Securities Fund. The market is showing a strong appetite for these kinds of products, and Superstate is well-positioned to meet that demand.

Chainlink Integration Fuels Future Growth

Looking ahead, DEYTHERE Media News suggests that Chainlink integration will likely play a pivotal role in Superstate’s growth strategy. The market for tokenized U.S. Treasury assets is expanding, and firms like Superstate are at the forefront of this revolution.

With a current market cap of $75 million for its USTB fund, Superstate is already a significant player, but the integration of Chainlink could help it climb even higher in the rankings. The firm’s focus on innovation and strategic partnerships, such as this one with Chainlink, is a clear indicator of its ambitions.

Chainlink Integration
Chainlink Integration

Superstate is backed by major venture capital firms like CoinFund, Arrington Capital, and Cumberland. This backing provides the firm with the resources and credibility it needs to continue growing its market share. According to data from rwa.xyz, Superstate’s USTB fund currently ranks seventh by market cap, trailing other major players like Ondo Short Term U.S. Government Bond Fund and OpenEden TBILL Vault. However, with the integration of Chainlink, Superstate is well-positioned to close the gap and potentially surpass its competitors.

Chainlink Integration Sets the Stage for Success

Conclusively, Chainlink integration is more than just a technical upgrade for Superstate; it’s a strategic move that sets the stage for future success. By leveraging Chainlink’s data capabilities, Superstate is enhancing its product offerings and positioning itself as a leader in the growing tokenized treasury market. DEYTHERE Media News promises to monitor this development closely as Superstate, with the power of Chainlink integration, aims to lead the way in blockchain-based asset management.

Advertising

For advertising inquiries, please email . [email protected] or Telegram

RLUSD Debuts with Ethereum Integration: Ripple’s Game-Changer for DeFi

The First U.S. Crypto Law Is Almost Here and It Starts With Stablecoin

Italy’s Biggest Bank’s $1 Million Bitcoin Investment: A Sign of Things to Come?

Metaplanet Buys 150 More Bitcoin as Holdings Soar Past $270M

DeFi Dominance Metric Loses Ground, Plunges to Three-Year Low

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByThibault Lefebvre
Thibault Lefebvre is a blockchain expert and cryptocurrency analyst with nearly a decade of experience in the field. He began his career in the tech sector, where his fascination with distributed ledger technologies led him to specialize in blockchain. Thibault has been involved in numerous international projects, including the development of blockchain platforms for various industries. His expertise spans smart contracts, blockchain governance, and the broader implications of blockchain for global finance. As a contributor to DT NEWS, Thibault delivers insightful commentary and detailed analysis of global trends in the cryptocurrency and blockchain sectors, providing readers with a deep understanding of this rapidly evolving space.
Previous Article Ethereum Sees Sharp Decline in Burn Rate as Gas Fees Hit Record Lows Ethereum Sees Sharp Decline in Burn Rate as Gas Fees Hit Record Lows
Next Article Marathon Digital Raises $250M for Bitcoin Acquisition Marathon Digital Raises $250M for Bitcoin Acquisition
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English