Key Takeaways
- WisdomTree has integrated Chainlink to provide on-chain Net Asset Value (NAV) data for its Private Credit and Alternative Income Digital Fund (CRDT).
- The move aims to increase transparency by recording verified NAV data directly on blockchain networks.
WisdomTree, an asset management company, has leveraged Chainlink, a blockchain oracle network, to provide onchain Net Asset Value data for its CRDT fund, a tokenized private credit and digital alternative income fund.
The integration allows verified NAV data to be recorded directly on Ethereum, increasing transparency and enabling smart contract integration for DeFi and institutional platforms.
Chainlink has worked with major index providers to bring benchmark index data directly to blockchains for institutional use. The company’s DataLink platform enables the transfer of verified market data across multiple blockchains.
Financial institutions are increasingly using Chainlink to connect trading platforms to onchain environments, improving data accessibility for tokenized assets.