Aave’s Horizon to Use Chainlink Weekend Prices for Tokenized U.S. Stocks

Chainlink has launched a new service called Chainlink 24/7 designed to provide continuous price feeds for traditional assets like stocks and commodities during weekends and holidays. This initiative addresses the liquidity and operational gap between 24/7 blockchain markets and traditional financial exchanges that typically close outside of standard business hours. By aggregating data from extended trading sessions and perpetual futures venues, the service ensures that decentralized applications maintain accurate pricing without relying on stale data or manual workarounds. Aave has been named the primary launch partner, integrating these feeds into its institutional lending platform, Aave Horizon. This integration allows qualified investors to borrow against tokenized assets, specifically targeting heavily traded U.S. stocks. The infrastructure currently supports over $1.6 billion in tokenized stocks, marking a significant step toward institutional-grade reliability for on-chain finance. This development is critical for the RWA market as it mitigates the risk of price manipulation and liquidation errors during market closures, fostering greater trust in tokenized asset lending.