Archax Turns To Chainlink Data Streams For Tokenised Treasury Collateral
TL;DR: Archax has adopted Chainlink Data Streams to supply pricing information for GOVY, its tokenised US Treasury product, as it develops collateral use cases. Putting Treasury bills on a blockchain is only the beginning. If an institution wants to borrow against them or use them as margin in an automated market, the software also needs […]
Key Takeaways
- TL;DR: Archax has adopted Chainlink Data Streams to supply pricing information for GOVY, its tokenised US Treasury product, as it develops collateral use cases.
- Putting Treasury bills on a blockchain is only the beginning.
- If an institution wants to borrow against them or use them as margin in an automated market, the software also needs […]
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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