Blockchain interoperability

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Saudi Arabia's Largest Bank SAB Taps Chainlink To Power Onchain Finance in the Kingdom
Yahoo Finance· 2025-09-17 12:17
Core Insights - Chainlink (LINK) is expanding its presence in Saudi Arabia through a partnership with Saudia Awwal Bank (SAB), which has over $100 billion in assets, to adopt blockchain infrastructure for on-chain finance [1][7] Chainlink Infrastructure - SAB will utilize Chainlink's Cross-Chain Interoperability Protocol (CCIP) and Chainlink Runtime Environment (CRE) to support the region's digital transformation efforts [2] - CCIP facilitates secure cross-chain asset transfers, bridging decentralized applications (dApps) and traditional finance platforms, while CRE serves as a toolkit for developers [2] Recent Developments - This partnership follows SAB's recent agreement with Wamid to explore capital market tokenization [3] - Chainlink has launched tools for traditional finance products across multiple blockchains and a multi-chain compatible version of Tether Gold [4] - The company has also collaborated with the U.S. Department of Commerce to disseminate important economic data across various chains [4] Market Performance - Chainlink's recent adoption has positively impacted LINK's market performance, with the token trading up 117.5% over the past year at $23.16 and a market cap of $15.7 billion [6][7] - The total value secured by the network is approximately $62.93 billion [6] Additional Initiatives - In August 2025, Chainlink launched an on-chain LINK reserve, accumulating 280,049 LINK valued at around $6.5 million, with an average cost basis of $22.44 per token [8] - Despite a recent decline of 1.91% in the past 24 hours, LINK reached a high of $26.74 earlier in 2025 [8]
X @Chainlink
Chainlink· 2025-09-16 21:22
Saudi Awwal Bank (@alawwalsab), one of Saudi Arabia’s largest banks with over $100 billion in total assets, is leveraging several Chainlink services to facilitate the deployment of next-generation onchain applications in Saudi Arabia.Under the innovation agreement, SAB is accelerating the adoption of onchain finance across the region by enabling developers to build with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and the Chainlink Runtime Environment (CRE).SAB | الأول (@alawwalsab):We are excit ...
X @Omni Network
Omni Network· 2025-09-12 11:00
From sept 8 - @OxNimi:“Ethereum. Solana. Avalanche. Base… none of them connect in a way that feels natural. then I found @OmniFDN.”Nimi⚡ (@OxNimi):Ethereum. Solana. Avalanche. Base.Each one runs like a separate universe. None of them connect in a way that feels natural.I started wondering if anyone had actually solved this mess. That’s when I found @OmniFDN.For developers, this means apps get stuck. Expanding means https://t.co/YDe8173CBE ...
X @Polyhedra
Polyhedra· 2025-09-03 15:30
Thanks to our partner @aethireco for the founder spotlight on our co-founder @tianchengxieAethir Ecosystem (@AethirEco):🏆 Founder Spotlight on TianchengMeet @Tiancheng_Xie, a Ph.D. holder in Computer Science from UC Berkeley, who co-authored a breakthrough paper on trustless blockchain interoperability.Now he is building @PolyhedraZK, the future of Intelligence 🚀👇 https://t.co/C6LBZqb6v4 ...
X @CoinDesk
CoinDesk· 2025-07-30 16:14
One step closer to the interoperability that blockchain promised: @Coinbase and @JPMorgan have announced that @Chase points will be interchangeable with $USDC in 2026.📷 : @jessepollak https://t.co/18RqlrDnQ5 ...