Press release 📈 Stocks 🌍 South Korea

Hanwha Adopts Chainlink Oracle Infrastructure for RWA Tokenization Platform

Hanwha Investment & Securities selects Chainlink as its primary oracle and CCIP provider to scale its global RWA tokenization platform and establish institutional onchain standards.

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Chainlink has been selected as the official oracle infrastructure and CCIP provider for Hanwha Investment & Securities' global Real-World Asset (RWA) tokenization platform. This partnership signifies a major expansion in institutional adoption, as the two entities have formed a joint working group to establish standards for secure onchain execution and the integration of RWAs into financial systems.

Catalysts
  • ▲ Adoption of Chainlink CCIP as the official oracle infrastructure by Hanwha Investment & Securities
  • ▲ Formation of a joint working group to define institutional RWA tokenization standards
Risk Factors
  • ▼ Potential delays in the development of institutional RWA standards
  • ▼ Regulatory uncertainty surrounding the tokenization of real-world assets
▼ Show FAQ (2) ▲ Hide FAQ
What role does Chainlink play in Hanwha's platform?

Chainlink serves as the official oracle infrastructure and provides the Cross-Chain Interoperability Protocol (CCIP) to power the tokenization of real-world assets.

What is the goal of the joint working group?

The group aims to explore institutional use cases for secure onchain execution and establish industry standards for utilizing RWAs on the blockchain.

🎯 Key Takeaways

  • Hanwha integrates Chainlink CCIP and oracle services to secure its RWA tokenization infrastructure.
  • A new joint working group will focus on developing institutional standards for onchain asset execution.
  • The partnership marks a significant expansion of Chainlink's utility in the regulated financial sector.

📝 Executive Summary

Hanwha Investment & Securities has officially integrated Chainlink’s oracle infrastructure and Cross-Chain Interoperability Protocol (CCIP) to power its global real-world asset (RWA) tokenization platform. The partnership establishes a joint working group to define institutional standards for secure onchain execution and the broader adoption of tokenized assets.

❓ FAQ

What is the primary goal of the partnership between Hanwha and Chainlink?

The partnership aims to utilize Chainlink's oracle and CCIP infrastructure to provide a secure, standardized foundation for Hanwha's global real-world asset (RWA) tokenization platform.

How will the joint working group impact institutional RWA adoption?

The working group is tasked with exploring institutional use cases and establishing industry standards for the secure execution and management of tokenized real-world assets.