Ascend Protocol Joins Chainlink Build to Advance On-chain Real-World Asset Market

Source: DefiPlanet Original Title: Ascend Protocol Joins Chainlink Build to Advance On-chain Real-World Asset Market Original Link:

Quick Breakdown

• Ascend Protocol integrates with Chainlink Build to enhance onchain real-world asset infrastructure.
• PEAK token delivers real yield, utility, and governance for Ascend DAO.
• Permissioned Vaults enable ERC-3643 tokens to collateralize and access DeFi.

Ascend Protocol, the US-focused on-chain investment banking infrastructure for real-world assets (RWAs), has officially joined the Chainlink Build program to accelerate adoption and ecosystem growth. Supported by PSG Digital, Ascend gains access to Chainlink’s decentralized oracle services, technical support, and cryptoeconomic security features, enabling the protocol to offer institutional-grade onchain infrastructure for tokenized assets.

Bringing institutional RWAs on-chain

Built on the ERC-3643 standard, Ascend bridges the gap between institutional issuers and permissionless DeFi. The protocol facilitates end-to-end issuance, structuring, tokenization, and collateralization of RWAs, enabling them to be fully composable within DeFi. Key offerings include flagship yield-bearing assets, the PEAK token delivering real yield and governance, and Permissioned Vaults that allow ERC-3643 tokens to be collateralized into ERC-20 stablecoins or digital twins for DeFi use.

Chainlink collaboration and industry impact

The Chainlink Build partnership provides Ascend with early access to innovative products like the Chainlink Runtime Environment (CRE), CCIP, Price Feeds, and Automated Compliance Engine (ACE), which underpin decentralized, compliant pricing, risk management, and live data handling for sophisticated onchain securities. In return, Ascend will allocate a portion of its native token supply to support Chainlink stakers and service providers, aligning incentives between the two communities.

Ascend’s integration with Chainlink is set to unlock scalable, compliant infrastructure for US-based RWAs while driving the reshoring of assets into regulated markets. By standardizing compliance, identity, and real-time data, the protocol allows institutions to originate, manage, and settle tokenized financial instruments efficiently, creating a new paradigm for onchain capital markets.

Dennis O’Connell, Ascend CTO, highlighted that the collaboration enables dynamic transparency and robust risk controls, bridging traditional investment banking with DeFi while ensuring regulatory alignment.

Meanwhile, Bedrock has upgraded its uniBTC security framework by integrating Chainlink Proof of Reserve, Secure Mint, CCIP, and Price Feeds. These enhancements automate reserve verification, replacing manual, delayed checks with on-chain safeguards embedded directly into the minting process, reinforcing security and trust for participants.