According to PANews, blockchain-based asset management company Superstate announced a partnership with decentralized computing platform Chainlink to integrate Chainlink Data Feeds into Superstate’s tokenized treasury bond fund USTB to enhance USTB’s transparency and functionality.
The team said that after the integration, Superstate can securely transmit net asset value (NAV) data to the chain and enhance the composability of funds in various on-chain financial markets.
In addition, Superstate will also integrate Chainlink’s reserve proof in the coming months to further enhance the on-chain verification capabilities of managed asset data.