Important points
- WisdomTree integrates Chainlink to provide on-chain net asset value (NAV) data for private credit and alternative income digital funds (CRDTs).
- The move aims to increase transparency by recording verified NAV data directly on the blockchain network.
WisdomTree, an asset management company, leveraged Chainlink, a blockchain oracle network, to provide on-chain net asset value data for CRDT Fund, a tokenized private credit and alternative income digital fund.
This integration allows verified NAV data to be recorded directly into Ethereum, increasing transparency and enabling smart contract integration between DeFi and institutional platforms.
Chainlink has partnered with leading index providers to bring benchmark index data directly to the blockchain for institutions. The company’s DataLink platform enables the transfer of verified market data across multiple blockchains.
Financial institutions are increasingly using Chainlink to connect their trading platforms to on-chain environments, enhancing data access to tokenized assets.
