According to Tecub News, according to Cointelegraph, 21Shares has integrated Chainlink's Proof of Reserve (PoR) system to provide higher transparency for its core Ethereum ETF "CETH".
“The transparency brought by the new integration is likely to further promote the adoption of digital assets,” said Johann Eid, chief business officer of Chainlink Labs, in a joint statement. “21Shares plays an important role in supporting the adoption of digital assets, and the Chainlink platform is helping financial institutions realize the vision of seamless tokenization on a global scale.”
The PoR system will provide real-time reserve data and reserve history in a publicly verifiable manner, pulling data directly from the Coinbase exchange.
