Source: Cointelegraph Original: "{title}"
On March 25, oracle service provider Chronicle announced the completion of a $12 million seed round financing, led by Strobe, with participation from Brevan Howard, 6th Man Ventures, and other institutions. The project originated from the MakerDAO ecosystem and has now developed into an independent decentralized oracle network, providing high transparency data support for decentralized finance (DeFi), real-world assets (RWA), and trading institutions.
From "Shadow Protocol" to Independent Warfare: Chronicle's Derailment Moment
Chronicle's starting point is not mysterious. As a collaborator on MakerDAO's early oracle module, it was "deeply involved" in the underlying architecture of decentralized finance, providing data support for the liquidation mechanism of the DAI stablecoin. In 2022, Rune Christensen proposed the "Endgame" plan, which, through modular architecture, decentralized governance, and RWA integration, began to show a divergence in Chronicle's technological path.
As a Web3 decentralized data infrastructure provider, Chronicle builds its ecological competitiveness based on three core technologies:
Currently, its technology has served leading projects such as the currency protocol M^0, asset tokenization platform Centrifuge, and Superstate, forming a core advantage in cross-ecosystem data services, consolidating its industry position through verifiability, cost-effectiveness, and adaptability to real assets.
Reconstruction of Oracle Power in the RWA Wave
The oracle empire built by Chainlink is based on the narrative of a "single source of truth." However, as RWA assets begin to flow onto the blockchain, this centralized narrative starts to fail. Chronicle's "Verified Asset Oracle" module achieves a paradigm shift from price "feeding" to asset integrity by binding the hash of off-chain assets to smart contracts.
RWA is not only a technological revolution for asset on-chain but also an opportunity to reshuffle the power structure of oracle services. When traditional financial giants enter the scene with SWIFT standards, and when DeFi natives uphold the belief that "code is law," the outcome of this game may define the fusion boundary between Web3 and TradFi—whether to become data intermediaries or to reconstruct the foundation of trust, the answer lies in every line of smart contracts verifying RWA assets.
Related: Securitize will bring BUIDL tokenized funds into DeFi through RedStone price information.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
