Fidelity and Sygnum Team Up with Chainlink to Embed NAV Data Onchain

Wednesday, 3 July 2024, 06:00

Fidelity and Sygnum have joined forces with Chainlink to seamlessly integrate Net Asset Value (NAV) data onto a blockchain network. This partnership aims to enhance transparency and reliability in accessing crucial financial information through decentralized oracle solutions. By leveraging Chainlink's technology, Fidelity and Sygnum are set to revolutionize the onchain data delivery ecosystem, ensuring real-time and tamper-proof dissemination of NAV data.

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Fidelity and Sygnum Partnership with Chainlink

Fidelity and Sygnum have entered a collaborative agreement with Chainlink to implement onchain Net Asset Value (NAV) data.

Enhancing Transparency and Reliability

This strategic alliance aims to boost transparency and reliability in accessing critical financial information through decentralized oracle solutions.

Revolutionizing Data Delivery:

Real-time access
Secure and tamper-proof dissemination

The collaboration between Fidelity, Sygnum, and Chainlink potentially sets a new standard in onchain data delivery, streamlining financial processes.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.