Jun 5
Pleasing Market Moves $90M Metals to Chainlink
Pleasing Market Moves $90M Metals to Chainlink: Chainlink will handle about $90 million in tokenized metals after Pleasing Market replaced LayerZero with.
➤ Pleasing Market is migrating approximately $90 million in tokenized precious metals (PGOLD and USDpm) from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP). ➤ This move is driven by a security review, particularly after the Kelp DAO exploit, aiming to enhance cross-chain safety and integrate Chainlink's data streams for pricing. ➤ The migration will support PGOLD (tokenized gold) and USDpm (dollar-pegged token) across Arbitrum, Ethereum, Pharos, and future networks, marking an interoperability and market-data upgrade.