Chainlink is working with SBI Digital Markets, a part of Japan's SBI Group, to advance digital asset solutions through cross-chain technology. This partnership focuses on Chainlink's Cross-Chain Interoperability Protocol (CCIP), which facilitates secure operations for tokenized funds across different blockchain networks.
The collaboration aims to harness the capabilities of Chainlink CCIP to enhance tokenized fund workflow and promote seamless interoperability. SBI Digital Markets is dedicated to the issuance and distribution of tokenized assets, aligned with SBI Group’s broader strategy of blockchain integration.
Prior to this partnership, Chainlink's CCIP had already secured significant institutional alliances. UBS Asset Management completed a successful pilot with SBIDM utilizing Chainlink CCIP, enabling comprehensive workflows for tokenized funds across various chains. Additionally, Chainlink has partnered with Ondo Finance, integrating its cross-chain capabilities to support tokenized real-world assets across multiple blockchain platforms.
Chainlink's robust infrastructure plays a crucial role in connecting traditional capital markets with tokenized assets through collaborations with established institutions like Swift and Euroclear, reinforcing the potential for tokenized assets to transform financial systems.