Share this article

Aptos Integrates Chainlink's CCIP and Data Feeds to Boost Decentralized App Development

Aptos will be the first blockchain that uses the Move coding language to integrate Chainlink's services, according to the announcement at Consensus 2024 in Austin.

May 30, 2024, 6:30 p.m.
Aptos founders Mo Shaikh, left, and Avery Ching (Aptos Labs)
Aptos founders Mo Shaikh, left, and Avery Ching (Aptos Labs)

AUSTIN, TEXAS – Layer-1 blockchain Aptos said Thursday that it is integrating real-world data provider Chainlink's Cross-Chain Interoperability Protocol (CCIP) and data feeds as part of joining Chainlink's SCALE program.

The expansion, announced at a panel discussion at Consensus 2024 in Austin, aims to help developers on Aptos to build decentralized applications (dApps) on the network.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

The collaboration would make Aptos the first Move-based blockchain integrating Chainlink's services, the press release claims.

As the number of independent blockchains are proliferating, communication between the different networks is posing a challenge to the digital asset economy. Chainlink is one of the key projects working on connecting these systems streaming data between them and the outside world. For example, its CCIP software played a key role in Chainlink's partnership with SWIFT, a global closed banking messaging system.

Aptos, founded by former employees of Facebook parent company Meta, is a blockchain that focuses on low-cost transactions and high throughput. It was built with the Move programming language, the basis of Meta's shuttered crypto project Diem.

"Joining the Chainlink SCALE program will empower developers on Aptos with new and increased access to Chainlink services, expanding the toolkit of resources on Aptos available to help them build secure, scalable, and fully-featured dApps” said Bashar Lazaar, grants and ecosystem lead at Aptos Foundation, the ecosystem development organization supporting Aptos.

More For You

Pudgy Penguins: A New Blueprint for Tokenized Culture

Pudgy Title Image

Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

What to know:

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

More For You

Circle faces first major 'threat' for institutional dollars from Tether’s USAT

Circle logo on a building

While Circle's USDC has operated without a "credible domestic competitor," Tether's USAT has the potential to shake up the landscape, analysts said.

What to know:

  • Analysts said USAT, the U.S.-focused stablecoin by Tether, could become the first credible domestic competitor to Circle's USDC token.
  • USAT is "a threat to USDC" and could gain an edge through institutional partners and global USDT connectivity, Crypto is Macro Now's Noelle Acheson said.
  • ClearStreet's Owen Lau called USAT “a manageable risk” for Circle, and noted potential "cannibalization" risk between Tether's two tokens.