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Chainlink Launches 24/7 Pricing Service for Tokenized Assets

Aave is the first partner, using the service to price tokenized asset collateral on its Horizon lending platform. Initial coverage includes actively traded U.S. stocks.

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A blank share token rests beside a closed brass market bell / TokenPost.ai
A blank share token rests beside a closed brass market bell / TokenPost.ai

Chainlink launched a pricing service for tokenized real-world assets that operates beyond traditional market hours, supplying a continuous reference for trading, lending and related applications across digital markets.

The service is designed for tokenized asset trading, perpetual contracts, prediction markets and lending. Aave is its first partner, using the data to price tokenized real-world asset collateral on Horizon, its institutional lending platform. Initial coverage includes actively traded U.S. stocks.

Chainlink delivers the data through Data Feeds and Data Streams. During traditional market sessions, the service uses Chainlink’s existing 24/5 data. When those markets are closed, it combines quotes from multiple perpetual trading platforms to maintain a price reference.

Prices during closures reflect activity in related derivatives. They are not live quotes from traditional exchanges while those exchanges are closed.

The launch adds to Chainlink’s work on collateral infrastructure. DTCC’s planned collateral AppChain with Chainlink is intended to support around-the-clock collateral management across global markets and blockchains.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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