Key Takeaways
- Chainlink has partnered with SBI Digital Markets (SBIDM), part of Japan’s major SBI Group, to develop digital asset solutions using cross-chain technology.
- The partnership centers on Chainlink’s CCIP protocol, which enables secure and interoperable operations for tokenized funds across multiple blockchains.
Chainlink, a decentralized oracle network, today announced that it is partnering with SBI Digital Markets (SBIDM), the digital asset division of a major Japanese financial conglomerate, to develop digital asset solutions using cross-chain interoperability technology.
The partnership will leverage Chainlink CCIP, a cross-chain interoperability protocol, to enable secure tokenized fund operations across multiple blockchains. SBIDM focuses on the issuance and distribution of tokenized assets as part of SBI Group’s broader blockchain integration strategy.
Before this collaboration, Chainlink CCIP had already established large institutional partnerships.
UBS Asset Management completed a pilot with SBIDM using Chainlink CCIP to enable end-to-end tokenized fund workflows across chains. Chainlink is also working with Ondo Finance to integrate cross-chain capabilities for tokenized real-world assets on multiple blockchains.
Chainlink’s infrastructure supports partnerships with institutions such as Swift and Euroclear to integrate tokenized assets into traditional capital markets.