OpenAssets taps Chainlink to build tokenization rails for institutions
The Cryptonomist·60-word summary·1 min read
OpenAssets has partnered with Chainlink to develop tokenization infrastructure for institutional assets, integrating OpenAssets’ platform with Chainlink’s oracle technology. This collaboration aims to enable financial institutions to launch customized on-chain tokenization systems more efficiently, leveraging the combined infrastructure. The partnership marks a significant step in building scalable, institutional-grade blockchain solutions.
On April 20, 2026, Tether led an $8 million funding round for KAIO, an Abu Dhabi-regulated tokenization firm. The investment, part of a broader $19 million raise, aims to develop onchain infrastructure for real-world asset distribution in the UAE. Tether’s involvement highlights its strategic focus on expanding blockchain-based asset tokenization in the region.
AlphaTON Capital rebranded as Alpha Compute Corp and now trades on Nasdaq as ALP. The company, which raised $44 million in January for AI infrastructure, is expanding its privacy-focused AI compute services. Its GPU rollout is linked to Telegram’s Cocoon AI launch, reflecting its broader efforts to grow AI service reach in the Web3 infrastructure space.
Marvell reported record fiscal 2026 revenue of $8.2 billion, up 42% year-over-year, driven by a 46% increase in data center sales. Google is in talks with Marvell to develop AI chips, including a new TPU design. The company sold its automotive Ethernet unit to Infineon, emphasizing its AI infrastructure focus.
Kelp DAO blames LayerZero’s default settings for a $290 million disaster, claiming the compromised verifier was part of LayerZero’s infrastructure. The liquid restaking protocol states that LayerZero’s onboarding default setup was responsible for the security breach, which led to significant losses. The incident highlights vulnerabilities in LayerZero’s infrastructure and default configurations.
In 2026, Microsoft reported a 17% revenue increase with Azure cloud services growing 39%. Nvidia’s fiscal 2026 revenue surged 65% to $215.9 billion, with EPS up 67%. Broadcom’s revenue grew 28%, and Arista Networks saw a 29% revenue rise. These companies are among the top cloud infrastructure stocks analysts are monitoring this year.
Toshi.bet secured an Anjouan gaming license and launched a $100,000 World Cup prediction game in 2026. The platform has reached $10 billion in total volume while maintaining its no-KYC and instant withdrawal features. These milestones have helped Toshi.bet rank among the top crypto casinos this year, reinforcing its position in the Web3 gaming infrastructure space.