Chainlink partners with SBI Digital Markets for digital asset solutions

Chainlink, the decentralized oracle network, has announced a partnership with SBI Digital Markets (SBIDM), the digital asset division of Japan's SBI Group, to create digital asset solutions leveraging cross-chain interoperability technology. The collaboration will specifically utilize Chainlink's Cross-Chain Interoperability Protocol (CCIP) to facilitate secure operations for tokenized funds across various blockchains. SBIDM is focused on the issuance and distribution of tokenized assets as part of the SBI Group's wider blockchain strategy. This partnership follows previous institutional engagements involving Chainlink CCIP, such as a pilot with UBS Asset Management and SBIDM for tokenized fund workflows, and collaborations with Ondo Finance and major institutions like Swift and Euroclear to integrate tokenized assets into traditional capital markets.

(Source：Crypto Briefing)