Chainlink has emerged as a key player in the decentralized finance (DeFi) sector, showcasing its capabilities at the Singapore Fintech Festival. The company highlighted its role in bridging tokenized assets, powering tokenized funds, and facilitating cross-border transactions, particularly through its integration in the Monetary Authority of Singapore’s Project Guardian. Chainlink's Cross-Chain Interoperability Protocol (CCIP) is now operational on BackedFi, allowing the transfer of bTokens across five blockchain networks. This development aims to enhance the utility, liquidity, and interoperability of tokenized real-world assets (RWAs). Industry experts assert that Chainlink is not merely an oracle for price feeds but a vital connector between traditional banking systems and blockchain technology, with significant adoption by major financial institutions.