Crypto.com views Chainlink integration as a gateway to DeFi

Crypto.com views Chainlink integration as a gateway to DeFi


Crypto.com (CRO) is adding Chainlink’s price feeds to its DeFi wallet as it begins expansion into the booming space. The company chief operating officer Eric Anziani told Cointelegraph:

“I would say with the partnership with Chainlink is kind of our first integration with a DeFi protocol, it brings value to our customers in terms of providing transparency in the prices that we’re giving them in our DeFi wallet and also making sure our ecosystem token CRO can be integrated into the external protocol by building a price feed for CRO specifically thanks to the Chainlink architecture.”

Chainlink integration. Source: Crypto.com.

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The first trading pair that will receive a decentralized price feed is CRO/ETH and will be followed by CRO/USD. Anziani said that the company is starting with DeFi tokens but in the future, it plans to use Chainlink’s price feeds for all the tokens in its ecosystem. According to him, the expansion into the DeFi space is not driven

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