Bridgetower taps Chainlink to tokenize $11 billion Arizona copper-gold project
Summary
Bridgetower, an AI infrastructure company, has partnered with Chainlink to tokenize the $11 billion DOM X Arizona Copper-Gold Project. This collaboration integrates Chainlink's Cross-Chain Interoperability Protocol (CCIP), Proof of Reserve, and NAVLink into Bridgetower's tokenization platform, enabling end-to-end management of the tokenization lifecycle, including reserve verification, cross-chain settlement, and compliance checks. The system is designed to support institutional-scale token issuance and distribution, with investors able to use both traditional and digital currencies for subscriptions, facilitated by Iron. Bridgetower, an early adopter of Chainlink's Runtime Environment, has successfully deployed a live, tokenized asset, demonstrating growing institutional interest in tokenization. Both companies are also working on privacy-preserving workflows for institutional primary issuance.
(Source:Crypto Briefing)