
BTguru Partners with Chainlink to Enhance Tokenization in Turkey
In a significant move, BTguru has announced a strategic partnership with Chainlink, a leading decentralized oracle network. The collaboration aims to bolster the growth of BTguru by leveraging Chainlink’s expertise in tokenized assets and compliance solutions.
According to Can Bukulmez, managing partner at BTguru, this partnership will enable financial institutions to tap into the full potential of tokenized assets while ensuring seamless compliance and security throughout every step. The goal is to provide real-time solutions to emerging challenges associated with digital asset markets for banks and other financial institutions.
Through this partnership, Chainlink’s oracle network will enable BTguru to supply financial institutions with proof-of-reserves, price data, and net asset value. This move will grant users multi-chain tokenized asset data synchronization, allowing for off-chain connectivity.
David Fuchs, Head of Business Development at EMEA Chainlink Labs, emphasized the importance of this partnership, stating that “Chainlink will enable BTguru to not only meet stringent compliance and security requirements for institutional-grade digital assets but also drive innovation and trust in the growing tokenized asset economy.”
The collaboration between these two market players is expected to have a significant impact on the Turkish cryptocurrency market, which has been rapidly gaining traction.
Source: coinjournal.net