Chainlink partners with ANZ to launch Avalanche and Ethereum inter-chain tokenized asset settlement project

According to ChainCatcher news, Australia and New Zealand Banking Group (ANZ) announced that it will cooperate with Chainlink Labs to use its cross-chain interoperability protocol (CCIP) to connect the Avalanche and Ethereum blockchains to enable the global flow and settlement of tokenized assets. ANZ currently provides banking products and services to more than 8.5 million retail and institutional customers in nearly 30 markets.

To explore the possibilities of on-chain digital assets, ANZ leveraged Chainlink’s blockchain interoperability solution, the Cross-Chain Interoperability Protocol, to demonstrate how customers can access, trade and wirelessly access, trade and secure assets across the network in different currencies in a process called delivery. Seam settlement of tokenized assets with payments (DvP)