Chainlink collaborates with ANZ to launch a tokenized asset settlement project between Avalanche and Ethereum chains

2024-03-18 21:19:01

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ChainCatcher news, Australia and New Zealand Banking Group (ANZ) announced a partnership with Chainlink Labs to leverage its Cross-Chain Interoperability Protocol (CCIP) to connect Avalanche and Ethereum blockchains for the global liquidity and settlement of tokenized assets. Currently, ANZ provides banking products and services to over 8.5 million retail and institutional customers across nearly 30 markets.

To explore the possibilities of on-chain digital assets, ANZ utilizes Chainlink's blockchain interoperability solution and Cross-Chain Interoperability Protocol to demonstrate to customers how to access, trade, and seamlessly settle tokenized assets and payments (DvP) across networks in different currencies during a process known as delivery.

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