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Donald Trump’s crypto platform announces partnership with Chainlink for DeFi oracles
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World Liberty Financial (WLFI), a decentralized finance platform linked to US President-elect Donald Trump and launched during the campaign, announced a new integration with Chainlink price oracles.
As revealed by WLFI, the integration aims to offer reliable real-time data to users. Furthermore, the partnership aims to leverage WLFI’s DeFi project, which aims to bring more security and transparency to the crypto sector.
According to the announcement, shared with Todaysgist, WLFI will use Chainlink oracles on the Ethereum mainnet, operating based on the Aave V3 infrastructure.
Eric Trump, Web3 ambassador for World Liberty Financial and son of the president-elect, celebrated the alliance. According to him, it is an important milestone for the future of the platform and decentralized finance.
Chainlink in Trump project
“The partnership with Chainlink represents a major step forward. We have never been more optimistic about the future of cryptocurrencies and DeFi technology than we are now,” said Eric Trump.
The ambassador also highlighted WLFI’s potential to revolutionize the financial sector with this integration.
The statement further highlights that World Liberty Financial’s choice of Chainlink reflects the growth of the company’s oracle ecosystem, which recently completed a successful pilot test with the SWIFT interbank messaging system.
This pilot, carried out in partnership with UBS, the Monetary Authority of Singapore (MAS) and SWIFT, tested the settlement of tokenized funds and reinforced financial institutions’ confidence in Chainlink’s technology.
On the global stage, Chainlink continues to lead the oracle sector, with solutions that seek to integrate off-chain financial data into the blockchain. Recently, the company announced a set of features aimed at private transactions between financial institutions. The solution allows private blockchains to connect to the Chainlink network with enhanced security.
This privacy suite includes Blockchain Privacy Manager, enabling secure integration between enterprise blockchains and the Chainlink network, as well as CCIP Private Transactions, an end-to-end encryption solution to protect sensitive data during transactions.
Donald Trump’s crypto platform announces partnership with Chainlink for DeFi oracles
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Donald Trump’s crypto platform announces partnership with Chainlink for DeFi oracles
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Donald Trump’s crypto platform announces partnership with Chainlink for DeFi oracles
