Chainlink Suggests Institutional Adoption of Blockchain Compliance and Tokenized RWAs Could Increase

Key Points

1. Chainlink's ACE automates identity verification, AML, and KYC procedures through blockchain technology, aiming to reduce compliance costs and inefficiencies.

2. Tokenized RWAs, supported by ACE, have reached a cumulative value exceeding $25.4 billion across 318,000 asset holders, indicating growing institutional adoption.

3. ACE is expected to unlock an estimated $100 trillion in latent capital by integrating compliance directly into tokenized assets, minimizing operational overhead.

4. Traditional compliance processes are costly and inefficient, with over $60 billion spent in 2023 alone, as reported by LexisNexis and Forrester Consulting.

5. Chainlink's vision is to enable institutions to deploy capital on-chain with greater ease and security, accelerating the integration of blockchain into mainstream finance.