Tokenization—the representation of real-world assets (RWAs) as digital tokens on a blockchain—is “the next generation for markets,” according to Larry Fink, CEO of BlackRock. In fact, 97% of asset managers agree that tokenization will revolutionize asset management, with the Boston Consulting Group forecasting the market size for tokenization to reach $16 trillion by 2030.

Oracle networks are infrastructure that connect blockchains to external systems, thereby enabling smart contracts to execute based on external inputs and outputs. Oracle networks are extremely versatile in the smart contract use cases they can be applied to since they can reliably relay information derived from decentralized consensus based on any set of inputs or outputs.

From its inception, Chainlink has been committed to providing the most secure infrastructure possible, as secure infrastructure is essential to bringing the world’s assets onchain and powering their movement across various trading environments and regions. Already proven as secure infrastructure in Web3, Chainlink has enabled DeFi to successfully scale by consistently providing secure and reliable pricing data to many of the largest and most critical DeFi applications.

The Chainlink Cross-Chain Interoperability Protocol (CCIP) is far more than a simple token bridging solution. It’s a generalized cross-chain messaging protocol for transferring tokens (value), messages (data), or both tokens and messages simultaneously within a single cross-chain transaction—referred to as Programmable Token Transfers.

Liquid staking has become one of the largest sectors in DeFi, with over $44B in TVL. Restaking, and by extension liquid restaking, have also grown at an exponential rate, with restaking representing approximately $14.6B in TVL (of which $9.5B is in liquid restaking form).

Polygon Amoy is a testnet that allows developers to deploy, test, and optimize their smart contracts before deploying them on mainnet. This enables them to get their dApp user-ready without having to pay for gas on mainnet. Instead, they can power transactions with free testnet MATIC.

Recent works [BBCA-Chain, Motorway, Cordial-Miners, Shoal, Mysticeti-C, Sailfish] debunk the belief that Block-DAG BFT Consensus protocols have to pay significant latency to achieve throughput scalability. They provide alternative ways for leveraging parallel transaction dissemination.

Tokenization is the process of creating a digital representation of an asset by issuing a blockchain-based token.

The Web3 ecosystem has recently seen a dramatic rise in activity through total value locked in decentralized finance (“DeFi”), volumes on decentralized exchanges (“DEXs”), and stablecoin activity (see the Appendix). Looking at the first quarter of the year, we examine prominent events in the space, including:

Today, we’re excited to announce the launch of the next big CCIP-powered application. Introducing Transporter: A hyper-secure and intuitive app for bridging tokens and messages with complete peace of mind, powered by Chainlink CCIP.