Bank of England taps Chainlink to support onchain securities settlement

Chainlink has been selected to participate in the Bank of England’s Synchronisation Lab, an experimental program running for about six months starting in spring 2026. The initiative involves 18 firms exploring how to coordinate settlement between sterling held at the central bank and securities recorded on distributed ledgers. Chainlink's specific focus is developing a decentralized method to link central bank funds with digitally issued securities. Other participants, including Swift and LSEG, will test various use cases like foreign exchange and tokenized bonds. The Synchronisation Lab is part of the Bank of England's broader effort to modernize its Real-Time Gross Settlement (RTGS) infrastructure (RT2), though the lab uses a simulated system and does not grant regulatory approval. The findings will inform future design choices for live synchronization capabilities.

(Source：Crypto Briefing)