According to Foresight News, Hong Kong-based financial services platform Arta TechFin (ARTA) has announced an expanded partnership with Chainlink Labs through its subsidiary. This collaboration will extend the existing tokenization work of funds, enabling ARTA to utilize Chainlink services in stablecoin issuance, real estate token issuance, and other verticals. ARTA plans to integrate and use the full suite of Chainlink services to provide tokenized real-world asset products and services for financial entities and large corporations.
Previously, in November 2023, ARTA announced that it was developing regulated, interoperable fund tokens on-chain.