The post WisdomTree adopts Chainlink DataLink for tokenized fund pricing on Ethereum appeared on BitcoinEthereumNews.com. Key Takeaways WisdomTree has integrated Chainlink to provide onchain Net Asset Value (NAV) data for its Private Credit and Alternative Income Digital Fund (CRDT). The move aims to enhance transparency by recording verified NAV data directly on blockchain networks. WisdomTree, an asset management firm, has tapped Chainlink, a blockchain oracle network, to provide onchain Net Asset Value data for its CRDT fund, a tokenized private credit and alternative income digital fund. The integration enables verified NAV data to be recorded directly on Ethereum, enhancing transparency and enabling smart contract integration for DeFi and institutional platforms. Chainlink has collaborated with major index providers to bring benchmark index data directly onto blockchains for institutional use. The company’s DataLink platform enables the transfer of verified market data across multiple blockchains. Financial institutions are increasingly using Chainlink to connect trading platforms with onchain environments, enhancing data accessibility for tokenized assets. Source: https://cryptobriefing.com/wisdomtree-chainlink-onchain-nav-crdt-fund/The post WisdomTree adopts Chainlink DataLink for tokenized fund pricing on Ethereum appeared on BitcoinEthereumNews.com. Key Takeaways WisdomTree has integrated Chainlink to provide onchain Net Asset Value (NAV) data for its Private Credit and Alternative Income Digital Fund (CRDT). The move aims to enhance transparency by recording verified NAV data directly on blockchain networks. WisdomTree, an asset management firm, has tapped Chainlink, a blockchain oracle network, to provide onchain Net Asset Value data for its CRDT fund, a tokenized private credit and alternative income digital fund. The integration enables verified NAV data to be recorded directly on Ethereum, enhancing transparency and enabling smart contract integration for DeFi and institutional platforms. Chainlink has collaborated with major index providers to bring benchmark index data directly onto blockchains for institutional use. The company’s DataLink platform enables the transfer of verified market data across multiple blockchains. Financial institutions are increasingly using Chainlink to connect trading platforms with onchain environments, enhancing data accessibility for tokenized assets. Source: https://cryptobriefing.com/wisdomtree-chainlink-onchain-nav-crdt-fund/