Inveniam partners with Accumulate to make validated private market asset data accessible via Chainlink

Iveniam, a platform that maximizes liquidity of private market assets, announced via a blog post on Monday that it has partnered with Accumulate, an identity-based blockchain protocol.

Using Chainlink’s oracle and oracle node infrastructure, Inveniam said it is making proprietary data for data-rich, low-frequency-traded private assets available to smart contracts on leading blockchains. The Inveniam team added that bringing this validated financial data on-chain unlocks a multitude of private market opportunities for DeFi.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by nearly 1.4% over the past 24 hours and is trading at $13.32 at press time.

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