RealToken DAO Integrates Chainlink CCIP To Unlock Cross-Chain REG Transfers

We’re excited to announce that RealToken DAO has integrated Chainlink CCIP — the industry standard for secure cross-chain interoperability — across the Ethereum, Gnosis, and Polygon mainnets. We’re leveraging CCIP’s Simplified Token Transfer capabilities to facilitate cross-chain of REG, enabling users to move their tokens seamlessly between Ethereum, Gnosis, and Polygon.

We selected CCIP as our preferred interoperability solution because Chainlink has the most proven track record of maintaining the highest standard of security and reliability in the Web3 industry. Furthermore, CCIP is backed by the Risk Management Network — a separate, independent network that continually monitors and verifies cross-chain operations for suspicious activity. This additional layer of security is particularly important given historical industry exploits and the billions in user funds lost due to insecure and unreliable cross-chain infrastructure.

RealToken DAO is a decentralized autonomous organization that governs the tokenization of real-world assets (RWA) within the RealT ecosystem. By leveraging blockchain technology, RealToken DAO aims to democratize the governance of RWA tokenization, enabling transparent and community-driven decision-making. Going cross-chain with Chainlink CCIP allows RealToken DAO to enhance accessibility and liquidity for REG across Ethereum, Gnosis, and Polygon. This cross-chain functionality not only improves the user experience by allowing seamless token transfers but also opens up new opportunities for increased liquidity and broader participation in the ecosystem.

In order to help secure our cross-chain cross-chain REG transfers, we needed access to a highly secure and reliable interoperability solution. After reviewing various solutions, we integrated Chainlink CCIP because it provides a multitude of important benefits and features, such as:

• Time-tested security and reliability — CCIP’s consensus and interoperability layer is powered by Chainlink decentralized oracle networks, which have already secured tens of billions of dollars for smart contracts and enabled over $12 trillion in on-chain transaction value. CCIP also features additional layers of protection and reliability via the Risk Management Network and Smart Execution.
• Simplified Token Transfers — CCIP features a plug-and-play solution consisting of audited token pool contracts that handle the complexity of burning and minting or locking and minting tokens across chains. CCIP Token Transfers also have additional security features like Rate Limits, and enable ecosystem partners to easily build new capabilities around a supported token via a single CCIP interface.
• Programmable Token Transfers — CCIP messages are programmable, meaning token transfers and arbitrary data transfers can be one atomic transaction. This enables instructions to be passed in the data payload regarding what to do with the tokens once they arrive at the destination chain.
• Future-proof — CCIP is built to support continuous updates, such as the integration of new blockchains, the introduction of advanced functionalities, and the addition of other defense-in-depth approaches to security. Thus, integrating CCIP eliminates future switching costs should new cross-chain functionalities be required.

The RealToken ecosystem already uses Chainlink services such as DAI/USD and USDC/USD Price Feeds to enable RealTokens to be added to the RealT RMM platform. We’re also exploring integrating the industry-standard market data solution to help enable more DeFi access for REG.

“Integrating Chainlink CCIP allows us to enable secure and seamless cross-chain transfers for REG. Chainlink’s proven reliability and security give us strong confidence that we are providing the best possible experience for our community.” — Remy Jaboson, CEO

About Chainlink

Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $12 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, off-chain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link.

About RealToken DAO

RealToken DAO is a decentralized autonomous organization that governs the tokenization of real-world assets (RWA) within the RealT ecosystem. Using blockchain technology, RealToken DAO democratizes RWA governance, ensuring transparency and community-driven decision-making. RealToken DAO emerges from the success of RealT, a pioneer in tokenizing real estate properties, which has revolutionized property ownership and the real estate market by making it accessible to a global audience.

For more information, visit RealT’s website and follow us on Twitter, Telegram, and Discord.