XSwap, Chainlink, and Base unveiled their collaborative Token Creation Platform (TCP) at SmartCon 2025 on November 3, 2025, marking a significant step toward simplifying cross-chain asset deployment. The platform enables users to create interoperable tokens through a no-code interface, drastically reducing technical barriers for developers and projects.
The TCP leverages Chainlink's Cross-Chain Interoperability Protocol (CCIP) as its core messaging layer, ensuring secure value and data transfer across blockchains. By default, tokens are deployed on the Base Layer-2 network, which offers a scalable, low-cost environment ideal for initial launches. XSwap, as a native decentralized exchange (DEX), will provide initial liquidity and trading pairs for assets generated on the platform, using XSWAP as the liquidity token.
Creators on the platform receive a 0.6% share of trading activity from their tokens, and projects meeting undisclosed graduation criteria may qualify for a $1,000 grant. The announcement addressed fragmentation in the token-launch market, which has generated billions in value but remains isolated across ecosystems. XSwap CEO CJ emphasized the platform's ease of use, while Chainlink Labs' Sam Friedman highlighted CCIP's role in reducing cross-chain development complexity.
The launch enters a competitive landscape dominated by platforms like four.meme on BNB Chain and Pump.fun on Solana, which have processed thousands of token launches and generated significant fees. TCP aims to expand support to additional blockchain networks beyond Base, though specific chains and timelines were not disclosed. This initiative follows XSwap's October 2025 partnership with Chainlink and Mastercard to bridge traditional payments with blockchain swaps, underscoring a broader push toward institutional adoption and real-world asset tokenization.