Grayscale says Chainlink will anchor the next phase of blockchain adoption, positioning LINK as the core infrastructure powering tokenization. Grayscale has said that Chainlink will be at the center of the next major phase of blockchain adoption, referring to the project as the “critical connective tissue” that links crypto to traditional finance. In a recent research report, the asset manager argued that Chainlink (LINK)’s growing suite of software tools is emerging as essential infrastructure for tokenization, crosschain settlement and the broader shift toward real-world assets on blockchain rails. “A more accurate description of Chainlink today would be modular middleware that lets on-chain applications safely use off-chain data, interact across blockchains, and meet enterprise-grade compliance needs,” Grayscale wrote. Read more
The partnership will place key FTSE Russell and Russell index data on blockchains, expanding public access to reliable market information. Global index provider FTSE Russell has partnered with Chainlink to publish its benchmark equity and digital asset indexes onchain, highlighting how blockchain technology is being used to deliver institutional-grade market data. On Monday, Chainlink announced that data for the Russell 1000, Russell 2000 and Russell 3000 small-cap indexes, the FTSE 100 Index and several digital asset benchmarks will be made available across multiple blockchains via DataLink, an institutional-grade publishing service powered by the oracle network. The Russell indexes, widely used as benchmarks for US small- and mid-cap stocks, are tracked by more than $18 trillion in assets globally. Read more
Banco Inter and Chainlink test cross-border trade finance using Brazil’s Drex and Hong Kong’s Ensemble networks in landmark blockchain pilot. Brazilian digital bank Banco Inter has completed a blockchain-based international trade finance pilot with Chainlink, the Central Bank of Brazil and the Hong Kong Monetary Authority (HKMA), showcasing how distributed ledger technology can simplify cross-border settlement. The experiment took place under Phase 2 of Brazil’s Drex central bank digital currency (CBDC) project and simulated the settlement of export transactions between Brazil’s Drex network and Hong Kong’s Ensemble platform, a blockchain system developed under the HKMA’s Project Ensemble initiative. Chainlink provided the interoperability infrastructure connecting the two networks, according to Banco Inter. Read more
AllUnity’s euro-pegged MiCA-compliant stablecoin, EURAU, is expanding across major blockchains using Chainlink’s CCIP protocol. AllUnity’s euro-backed stablecoin, EURAU — a joint venture between Deutsche Bank and asset manager DWS — is expanding across multiple blockchains by using Chainlink’s crosschain infrastructure. According to a Thursday announcement shared with Cointelegraph, EURAU will use Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to connect with Ethereum, Arbitrum, Base, Optimism, Polygon and Solana. The company said it also plans to extend the stablecoin to the Canton Network, a blockchain focused on institutional financial applications. AllUnity CEO Alexander Höptner said the CCIP will allow EURAU to “operate seamlessly across multiple blockchains,” improving its reach and usability. Chainlink Labs’ president of banking and capital markets, Fernando Vazquez, added that the integration lays the groundwork for Europe’s next phase of tokenized finance. Read more
S&P Global Ratings and Chainlink have partnered to provide onchain stablecoin risk profiles for TradFi players looking to enter or expand into the $300 billion market. S&P Global Ratings has partnered with blockchain oracle provider Chainlink to give financial institutions onchain access to its new stablecoin stability assessments, which rate each stablecoin by how well it maintains its peg. The Stablecoin Stability Assessments (SSAs) launched on the Ethereum layer-2 network Base on Tuesday, with potential to expand to other blockchains, subject to market demand and client feedback, S&P Global and Chainlink said in a statement seen by Cointelegraph. “As institutional adoption of digital assets accelerates, the ability to access real-time risk assessments directly within blockchain infrastructure has become crucial for market participants.” Read more
Cryptocurrencies are where the blockchain industry is today, “but tokenization is where it’s going next,” Chainlink’s co-founder Sergey Nazarov told Cointelegraph. With Paul Atkins as US Securities and Exchange Commission chairman, the path “towards the tokenization of the financial system” is now clear, according to Sergey Nazarov, co-founder of Chainlink Labs. Speaking to Cointelegraph, Nazarov said it won’t be easy because it comes with a slew of separate challenges with regard to tokenizing data, cross-chain connectivity, compliance and many other areas. But if and when it happens, the consequences could be huge. Consider only that the market capitalization of all the cryptocurrencies in the world is now about $4 trillion. If traditional financial assets were tokenized and brought onchain, that could boost market cap tenfold or more, he said. Read more
Chainlink integrated its data services and crosschain protocol into the institutional blockchain Canton Network and joined as a super validator. Chainlink has integrated with the Canton Network, an institutional blockchain backed by global banks and technology firms, in a move aimed at strengthening institutional adoption of blockchain technology. The partnership, announced Wednesday, brings Chainlink’s data service, including its data streams, smartdata (proof of reserve and NAVLink) and the crosschain interoperability protocol (CCIP) onto the Canton Network. The network has also joined the Chainlink Scale program, which helps cover oracle operating costs. As part of the agreement, Chainlink Labs will become a Canton Network “super validator.” A super validator is a combined node that runs a domain validator and a Canton synchronizer node. It participates in the Global Synchronizer to order and finalize cross-domain transactions, providing consensus and interoperability across the network. Read more
Polymarket, a Polygon-based prediction platform, is expanding infrastructure through a new partnership with decentralized oracle network Chainlink. Polymarket, a decentralized prediction market platform, is integrating Chainlink’s oracle network to improve the accuracy and speed of its market resolutions, the companies announced Friday. Polymarket has partnered with Chainlink to integrate its data standard into Polymarket’s resolution process, according to a Friday press release shared with Cointelegraph. The collaboration will initially focus on enhancing the accuracy and speed of asset pricing resolutions, with plans to expand into additional markets. Read more
The companies say the pilot will test a blockchain infrastructure aimed at automating the distribution, settlement and management of tokenized products in Hong Kong. Chainlink, a blockchain oracle provider, and UBS, a $5.9 trillion asset manager, have partnered with DigiFT for a pilot study to automate real-world tokenization funds. This feature could eliminate manual errors, according to the companies. If successful, the study could have implications for RWA tokenization in Hong Kong, a special administrative region of China. According to the announcement, the three groups are “developing a regulated blockchain-based infrastructure designed to automate and streamline the distribution, settlement, and lifecycle management of tokenized products [...].” Read more
The US government announced on Tuesday that it is publishing economic data onchain to boost transparency for government spending. The US government has tapped Chainlink and Pyth, two blockchain oracle providers, to publish economic data onchain. Chainlink was selected to provide data feeds from the Bureau of Economic Analysis (BEA), and will publish additional data feeds in response to consumer demand or at the behest of the US government, a Chainlink spokesperson told Cointelegraph. These feeds include real gross domestic product (GDP), personal consumption expenditures (PCE) price index, and real final sales to private domestic purchasers, the company said. Read more