tl;dr
Rapid Addition and Chainlink have partnered to develop a Financial Information eXchange (FIX) native blockchain adapter, aiming to facilitate communication between financial institutions and tokenized assets. The collaboration integrates Chainlink’s Cross-Chain Interoperability Protocol (CCIP) with ...
Rapid Addition and Chainlink have collaborated to create a Financial Information eXchange (FIX) native blockchain adapter. This integration aims to facilitate communication between financial institutions and tokenized assets, such as carbon credits, renewable energy products, and real-world assets.
The collaboration integrates Chainlink’s Cross-Chain Interoperability Protocol (CCIP) with Rapid Addition’s FIX solutions, enabling seamless interaction with emerging markets. This is expected to transform institutional trading by providing liquidity and access to post-trade services while ensuring compliance and efficiency in cross-blockchain transactions.
Rapid Addition's CEO, Mike Powell, highlighted the significance of this collaboration, stating, "Partnering with Chainlink allows our clients to leverage their existing trading infrastructures to access the burgeoning digital asset space without duplicating systems and controls."
Vince Turcotte, Business Development Lead for Asia Pacific at Chainlink Labs, emphasized the significance of this collaboration in creating new opportunities and benefiting buy-side participants and brokers.
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