Crypto Finance (@CryptoFinanceAG), a provider of professional digital asset solutions for institutional clients and part of @DeutscheBoerse, has adopted the Chainlink standard live in production.
Chainlink Proof of Reserve now enables direct verification of assets custodied by Crypto Finance for nxtAssets’ physically backed Ethereum and Bitcoin Direct exchange-traded products (ETPs), with reserve data orchestrated by the Chainlink Runtime Environment (CRE) and published on @arbitrum.
With this data verifiable onchain, it will be made publicly viewable on Chainlink’s Proof of Reserve data feed page, and can also be made accessible across issuer, custodian, and exchange platforms, giving all participants a shared view of the reserves backing each ETP.
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