OpenEden, a Real-World Asset (RWA) tokenization platform, has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Proof of Reserve (PoR).
OpenEden Digital (OpenEden) leverages Chainlink’s Cross-Chain Token (CCT) standard are to provide USDO with “cross-chain interoperability and real-time verifiable data on the Ethereum and Base mainnets.”
OpenEden also plans to adopt Chainlink Price Feeds to “access high-quality, tamper-proof price feeds.”
USDO is the world’s regulated, yield-bearing stablecoin (digital dollars) that is said to be “fully backed by tokenized U.S. Treasuries.”
It is issued by OpenEden Digital, a Bermuda-based affiliate of OpenEden Group, licensed under the Bermuda Digital Asset Business Act (DABA).
Enabling Seamless And Secure Interoperability With Chainlink CCIP
OpenEden recognizes the need for “stringent security safeguards, given the history of cross-chain exploits that have resulted in billions of dollars in losses across the industry.”
To address this, Chainlink CCIP was selected for its “defense-in-depth security, powered by Chainlink’s Decentralized Oracle Network (DON) and an independent Risk Management Network that continuously monitors and verifies cross-chain operations for suspicious activity.”
By integrating Chainlink CCIP, OpenEden also benefits from its cross-chain programmability.
Complex multi-chain operations are now simplified as “actions involving multiple users, blockchains, and assets are condensed into a single atomic cross-chain instruction.”
With Chainlink’s CCT standard, OpenEden enables “zero-slippage transfers of USDO without requiring changes to its token contract.”
USDO also benefits from CCT’s “configurable rate limits and Smart Execution for reliable transactions, even during network congestion.”
Together, these capabilities support OpenEden’s architecture, positioning the RWA tokenization platform to “scale to new networks and onboard additional assets as the DeFi ecosystem evolves.”
To reinforce trust and transparency, OpenEden has “integrated Chainlink Proof of Reserve to provide independent, on-chain verification of USDO’s backing by tokenized U.S. Treasuries.”
Chainlink’s decentralized oracle infrastructure reportedly brings “additional assurances that the reserves backing USDO are accurately reported and can be verified by any user in real time.”
This integration complements OpenEden’s existing real-time proof of reserves by adding an additional “independent layer of verification, strengthening user confidence in the stability and security of USDO.”
OpenEden also plans to adopt Chainlink Price Feeds to “ensure reliable, tamper-resistant price data, supporting future DeFi integrations where accurate pricing is critical.”
The use of high-quality data feeds aligns with OpenEden’s “objective to enable USDO’s full composability within DeFi protocols, including lending, borrowing, and trading applications.”
The integration with Chainlink’s infrastructure marks “an important step in advancing OpenEden’s mission to bring USDO—the regulated, yield-bearing stablecoin—to the decentralized economy.”
These enhancements reinforce USDO’s position as “an institutional-grade, regulatory-compliant stablecoin backed by tokenized U.S. Treasuries, offering native yield, on-chain transparency, and cross-chain operability.”
As noted in the update, OpenEden is the developer of a “real-world asset (RWA) tokenization platform,” known for its “focus on regulatory standards and advanced financial technology.”
Founded in 2022, OpenEden bridges traditional and decentralized finance by providing, through its “regulated entities in the BVI and Bermuda, secure, transparent, and compliant on-chain access to tokenized RWA.”
OpenEden says it is redefining financial access “through tokenization with a core focus on compliance and innovation.”
As mentioned in the announcement, Chainlink says it is the “standard for onchain finance, verifiable data, and cross-chain interoperability.”
Chainlink claims it is “unifying liquidity across global markets and has enabled over $19 trillion in transaction value across the blockchain economy.”
Financial market infrastructures and institutions, such as Swift, Fidelity International, and ANZ Bank, as well as top DeFi protocols including Aave, GMX, and Lido, use Chainlink “to power next-generation applications for banking, asset management, and other major sectors.”