Enhancing Transparency: 21Shares Partners with Chainlink for Ethereum Reserve Verification

Monday, 29 July 2024, 19:03

21Shares, a prominent ETP issuer, has announced its integration with Chainlink, aiming to enhance visibility into its Ethereum (ETH) reserves. This innovative partnership will allow for real-time verification, promoting greater trust and transparency within the cryptocurrency exchange realm. Investors can expect improved insights into asset holdings, fostering a more robust trading environment. Overall, this integration is a significant step towards increased transparency in the crypto market.
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Enhancing Transparency: 21Shares Partners with Chainlink for Ethereum Reserve Verification

Introduction

In a major development for the cryptocurrency exchange industry, 21Shares has announced an integration with Chainlink.

Key Highlights

  • Real-Time Verification: The integration focuses on providing real-time visibility into Ethereum reserves.
  • Enhanced Transparency: This partnership aims to boost trust among investors in the digital asset space.
  • Market Impact: Improved insights into liabilities and reserves will support informed trading decisions.

Conclusion

This collaboration represents a significant leap forward in transparency for cryptocurrency exchanges, marking a pivotal moment in the sector's evolution.


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.


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