Tokenization stands out as the swiftly expanding realm within digital assets and blockchain, driven by traditional companies eager to digitize assets and tap into a global market. Chainlink Labs has been instrumental in steering this movement, asserting that the year ahead will witness widespread adoption.
During the annual Sibos conference organized by SWIFT, the Chainlink Labs team engaged in discussions with major financial players, delivering a resounding message: “The industry is primed for tokenization.” Held in Toronto last September, the event gathered global leaders, including Bank of America CEO Brian Moynihan and Royal Bank of Canada’s Dave McKay.
In response to the current developments, Thomas Trepanier, Head of Capital Markets at Chainlink Labs, remarked:
The industry is prepared for tokenization. They also acknowledge that CCIP represents the most secure method to transition their assets from Web2 to Web3.
Simultaneously, the LINK token is currently trading at $13.88, experiencing a 2.75% dip in the past day amid a broader downturn in the cryptocurrency market.
