Chainlink standard targets US$4T tokenised market

• Chainlink’s LINK standard is targeting the growing tokenised real-world asset market.
• Standard Chartered estimated tokenised assets could reach US$4 trillion by 2035.
• The standard aims to connect tokenised assets across blockchains and financial systems.

Chainlink (CRYPTO:LINK) is expanding its LINK standard as the tokenised real-world asset market targets a projected US$4 trillion size by 2035.

Standard Chartered estimated the tokenised asset market could grow to US$4 trillion within the next decade.

The LINK standard is designed to connect tokenised assets across blockchains and traditional financial systems.

Chainlink said the standard supports identity, compliance, data and cross-chain communication for tokenised assets.

The company said wider adoption will depend on financial institutions, regulators and blockchain networks using common standards.

Tokenised real-world assets include bonds, funds, real estate and other traditional assets represented on blockchains.

Many financial institutions are exploring tokenisation to improve settlement speed, asset transfer and market access.