Backed, Chainlink Unveil xBridge to Move Tokenized Stocks Between Solana and Ethereum

Backed, Chainlink Unveil xBridge to Move Tokenized Stocks Between Solana and Ethereum

The bridge uses Chainlink's CCIP to ensure consistent behavior across chains, mirroring the behavior of underlying assets.

Backed Finance, Chainlink Launch XBridge For Cross-Chain

Chainlink CCIP powers xBridge to move tokenized stocks between Ethereum and Solana xBridge keeps dividends and stock splits accurate during cross-chain transfers Backed Finance plans to expand xBridge beyond Ethereum and Solana to new chains Backed Finance has recently released a new cross-chain bridge, xBridge, which was developed using Chainlink technology. The tool enables tokenized stocks to be transferred between Ethereum and Solana. This w…

BackedFi, Chainlink Launch xBridge to Move Tokenized Stocks Crosschain · Cardano Feed

Key Highlights Backed Finance and Chainlink launched xBridge to move tokenized stocks between Ethereum and Solana. xBridge uses Chainlink’s CCIP to ensure tokenized stocks behave the same as real-world...

Backed Partners With Chainlink To Launch CCIP-Powered xBridge For xStocks

Today at Solana Breakpoint, leading tokenized equities platform Backed Finance announced the launch of xBridge in partnership with industry-standard oracle platform, Chainlink. Powered by Chainlink’s Cross-Chain Interoperability Protocol (CCIP), xBridge allows Backed’s compliant tokenized equities, xStocks, to securely and seamlessly move between Ethereum and Solana while maintaining perfect fidelity to corporate actions such as dividends and st…

Tokenized stocks Cross-Chain Bridge xBridge Ethereum Solana

The post Tokenized stocks Cross-Chain Bridge xBridge Ethereum Solana appeared on BitcoinEthereumNews.com. Backed and Chainlink have introduced a new cross-chain infrastructure for tokenized stocks that aims to mirror traditional market events across multiple blockchains. xBridge pilot connects Ethereum and Solana Backed, a leading provider of compliant tokenized equities and ETFs, has partnered with Chainlink to launch xBridge, described as the …

Backed teams up with Chainlink to launch xBridge, first cross-chain infrastructure for tokenized stocks

The launch of xBridge could significantly enhance cross-chain liquidity and accessibility for tokenized stocks, fostering a more integrated financial ecosystem. The post Backed teams up with Chainlink to launch xBridge, first cross-chain infrastructure for tokenized stocks appeared first on Crypto Briefing.