Chainlink launches 24/7 RWA pricing with Aave adoption

Chainlink has launched Chainlink 24/7 for continuous pricing of tokenized real-world assets, naming Aave as an adopter, as it brings equities and commodities data through weekends and market holidays. Summary Chainlink 24/7 covers equities, commodities and other real-world assets across trading sessions, weekends and holidays. Aave is adopting the service for institutional lending backed by tokenized real-world assets. Prediction markets, perpetual futures and collateral management are among the applications named in the announcement. The CFTC has scheduled a Dec. 15 roundtable examining continuous trading across derivatives markets. Chainlink announced the service at Link:NYC on Oct. 29, saying it delivers market data across trading sessions and periods when traditional exchanges are closed. In its announcement, the oracle provider identified institutional lending, prediction markets and perpetual futures as uses for the new pricing service. Aave is adopting the product to bring always-on pricing to institutional lending backed by real-world assets, according to the announcement. Chainlink did not name a specific Aave market, list the assets covered by that integration, or provide...