According to TechFlow, on July 18, Chainlink announced the launch of Chainlink Digital Assets Sandbox, a turnkey solution to accelerate innovation in the capital market, powered by the Cross-Chain Interoperability Protocol (CCIP). The new sandbox enables financial institutions to conduct tokenization experiments and collaborative PoCs in days instead of months, aiming to promote the development and application of financial technology.

The asset tokenization market is expected to reach $16 trillion by 2030, accounting for 10% of global GDP. Chainlink DAS also provides expert support and consulting services to help financial institutions quickly complete proof of concept (PoC) and address the complexity and high cost of blockchain technology integration.