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We’re excited to announce that we’ve partnered with Chainlink, the standard for onchain finance, to enhance the utility and liquidity of BTguru’s institutional offering. The partnership will initially focus on leveraging Chainlink services — Chainlink Cross-Chain Interoperability Protocol (CCIP), Data Feeds, and Proof of Reserve — in projects with regulated financial institutions in Turkey. Over the coming months, BTguru plans to integrate Chainlink into its digital asset solutions, addressing critical challenges in the tokenized asset space by leveling up security, data connectivity, and asset utility for its customers.
BTguru helps financial institutions navigate the challenges of rapid global and local developments, enabling them to modernize and adapt to evolving client needs, regulatory requirements, and cybersecurity risks. Through a comprehensive portfolio of solutions, BTguru drives business transformation by integrating cutting-edge technologies such as blockchain, cyber security, classic and crypto AML, and all levels of financial compliance. With a focus on enhancing product and service offerings, BTguru empowers financial organizations to prioritize blockchain-enabled finance and establish new business verticals for digital assets. By delivering digital transformation at scale, BTguru ensures financial institutions remain agile, compliant, and future-ready in a rapidly changing landscape.
“As we expand our presence in the region, we are excited to see BTguru partner with Chainlink,” said David Fuchs, Business Development Head EMEA at Chainlink Labs. “As a market leader adopting Chainlink, BTguru is well positioned to help its customers unlock the full potential of tokenized assets. Chainlink will enable BTguru to not only meet the stringent compliance and security requirements for institutional-grade digital assets, but also foster innovation and trust in the growing tokenized asset economy.”
Tokenized assets present numerous benefits, however, it’s important to understand that once a tokenized asset is issued onchain, it requires a variety of additional services before it can be utilized effectively in the onchain economy.
Tokenized assets need to be enriched with high-quality offchain data, which provides information about the state of the asset or information needed to facilitate a transaction, such as market pricing, reference data, and identity data. In addition, access to a reliable proof of reserves mechanism helps users protect themselves from malicious or accidental over-issuance attacks, and manage various other risks such as market value, liquidity, duration, and liability. By leveraging Chainlink, BTguru’s platform will help ensure assets meet these core requirements along with the security and compliance standards of institutional adopters in the Turkish tokenized securities space and the related financial markets.
Once tokenized assets are in circulation, it’s vital to keep all associated data synchronized across different blockchains. This includes price data, net asset value (NAV), identity information, proof of reserves, and more. Chainlink is the only solution that includes both reliable offchain data connectivity and secure cross-chain interoperability in one platform, making Chainlink the only enabler of a unified golden record across chains.
Chainlink CCIP, Data Feeds, and Proof of Reserve, will help BTguru further its tokenized asset initiatives by:
● Accelerating time-to-market for any class of tokenized assets on any blockchain by leveraging Chainlink’s scalable infrastructure.
● Accessing greater liquidity with seamless cross-chain interoperability, connecting projects with the entire economy of onchain and offchain assets.
● Enhancing reliability through the use of Chainlink’s battle-tested infrastructure, which major market infrastructures and financial institutions are using to power next-generation applications.
“We are thrilled to partner with Chainlink to bring enhanced security, data reliability, and interoperability to Turkey’s tokenized securities market,” said Can Bukulmez, Managing Partner at BTguru. “The Chainlink standard will help BTguru provide financial institutions with the tools they need to unlock the full potential of tokenized assets while ensuring compliance and security at every step.”
Chainlink is the standard for onchain finance, verifiable data, and cross-chain interoperability. Chainlink is unifying liquidity across global markets and has enabled over $18 trillion in transaction value across the blockchain economy. Major financial market infrastructures and institutions, such as Swift, Fidelity International, and ANZ Bank, as well as top DeFi protocols including Aave, GMX, and Lido, use Chainlink to power next-generation applications for banking, asset management, and other major sectors. Learn more by visiting chain.link.
BTguru is the pioneering organization driving onchain finance in Turkey with distinct Tokenization of Real World Assets (RWA) initiatives from top tier banks to boutique digital banks. BTguru is dedicated to providing comprehensive solutions in RWAs, Crypto Custody Infrastructure, Blockchain-Based Development Solutions, Advisory Services on Regulatory Compliance, Technology and Business Applications.
BTguru offers a Digital Assets-as-a-Service platform that enables banks and Fintech companies to integrate and embed regulated digital assets products in a B2B2C fashion. It also provides end-to-end technology services to enable conventional financial institutions to operate within digital and crypto assets space. BTguru is committed to fostering the growth and adoption of digital assets through proven solutions.