**News Flash: Chainlink Launches Digital Asset Sandbox for Institutions**
Chainlink has unveiled its new Digital Assets Sandbox (DAS), a turnkey solution designed to help financial institutions quickly and securely experiment with tokenization. This innovative platform aims to accelerate digital asset innovation by enabling rapid Proof of Concepts (PoCs) in days rather than months.
Angela Walker, Chainlink Labs' global head of banking and capital markets, emphasized the sandbox's role in meeting institutional demand for secure digital asset environments. DAS allows institutions to explore new revenue opportunities, such as bond tokenization, with improved efficiency and faster time-to-market.
The sandbox also supports real-world asset (RWA) tokenization, providing a comprehensive environment for institutions to develop robust digital asset strategies. Kevin Johnson from Euroclear highlighted the sandbox's potential to help financial institutions and fintechs understand the impact of blockchain technology on their business models.
With tokenization projected to become a $16 trillion market by 2030, Chainlink's DAS could play a pivotal role in shaping the future of digital finance.