Blockchain infrastructure firm Bridgetower has partnered with oracle network Chainlink to tokenize an $11 billion copper-gold project in Arizona, marking one of the largest real-world asset (RWA) tokenization initiatives to date.
“Today’s live deployment marks a major step forward in how tokenized asset markets reach institutional scale,” Bridgetower CEO Cory Pugh said in a statement, highlighting the production-ready nature of the infrastructure.
The Bridgetower Tokenization Platform will use Chainlink’s Cross-Chain Interoperability Protocol (CCIP) for settlement, Proof of Reserve for verifying the underlying assets, and NAVLink for on-chain valuation. The system integrates KYC/AML controls, with payment rails for both traditional and digital currencies handled by Iron, a MoonPay company.
This partnership serves as a critical proof-of-concept for institutional RWA tokenization, potentially driving further adoption and boosting demand for Chainlink's services. While Chainlink’s LINK token remained steady at $9.31 following the news, the successful deployment for a multi-billion dollar asset provides a tangible use case that could support long-term value accrual.
The collaboration makes Bridgetower one of the first to move from an early adopter of Chainlink’s Runtime Environment (CRE) to a fully operational deployment. “All the world’s largest financial institutions are watching tokenization right now, and they are looking for production evidence for powering assets at institutional scale,” said Johann Eid, Chief Business Officer at Chainlink Labs.
The tokenization of the DOM X project represents a significant milestone for the broader RWA sector, which seeks to bring traditional assets like real estate, commodities, and private equity onto blockchain rails. According to data from March 2026, the RWA tokenization market is already valued at over $26.4 billion and is a key growth narrative for blockchains like Ethereum and Solana.
This article is for informational purposes only and does not constitute investment advice.