Arta TechFin and Chainlink Labs announced they are expanding their digital asset collaboration and developing a strategic partnership for blockchain-based solutions. The collaboration will expand upon pre-existing fund tokenization efforts and enable ARTA's use of Chainlink services with respect to stablecoin issuance, real estate token issuance, and additional verticals. ARTA plans to integrate and leverage a full suite of Chainlink services to provide a wide range of innovative tokenized real-world asset products and services to asset owners and regulated financial institutions.

The upcoming partnership brings a much-needed market standard for originating, distributing, trading, and keeping custody of tokenized assets. The ARTA-Chainlink solution aims to bring a wide variety of key asset data onchain and across different blockchains to unlock novel tokenized real estate and stablecoin use cases. This partnership will help meet the needs of asset owners and financial institutions in Hong Kong and abroad that are seeking greater levels of accessibility to the digital asset space for their clients.

In November 2023, ARTA announced that it was developing regulated, interoperable fund tokens on major chains and was collaborating with Chainlink Labs to help deliver fiat-based investment returns for ARTA clients, subject to relevant regulatory approval. This partnership is another marker of Hong Kong's prominence as a leading digital asset hub, along with the recent announcements of spot Bitcoin and Ethereum ETFs. Given the high demand seen with fund tokenization, ARTA is now extending the collaboration with Chainlink Labs to bring more offerings to financial entities and large enterprises.