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WisdomTree adopts Chainlink DataLink for tokenized fund pricing on Ethereum

Crypto Briefing
WisdomTree integrated Chainlink DataLink to provide verified on-chain NAV data for its tokenized CRDT fund on Ethereum.

Summary

Asset management firm WisdomTree has integrated Chainlink's oracle network to supply on-chain Net Asset Value (NAV) data for its tokenized Private Credit and Alternative Income Digital Fund (CRDT). This integration, utilizing Chainlink DataLink, aims to boost transparency and accessibility by recording verified NAV data directly onto the Ethereum blockchain. This move allows for seamless smart contract integration with DeFi and institutional platforms, leveraging Chainlink's capability to transfer verified market data across various blockchains.

(Source:Crypto Briefing)