Chainlink’s Work With Swift, Euroclear, and Major Banking and Capital Markets Institutions
The Chainlink platform enables financial institutions to develop customized, compliant, and future-proof blockchain applications and tokenized assets. Already, it has enabled over $17 trillion in value and is enabling the world’s largest infrastructures and institutions to move onchain.
In this repository, you’ll find Chainlink’s major banking and capital markets announcements with some of the world’s largest financial market infrastructures and institutions.
FINANCIAL MARKET INFRASTRUCTURES: DTCC, Euroclear, Swift, and More
Smart NAV: Bringing Trusted Data to the Blockchain Ecosystem
Processing $2+ quadrillion annually, the Depository Trust and Clearing Corporation (DTCC) is the premier post-trade market infrastructure that provides clearing, settlement, asset servicing, data management, and trade reporting around millions of security transactions each day. This solution demonstrates how DTCC and Chainlink can make net asset value (NAV) data available across virtually any private/public blockchain. This enables automated data dissemination and historical data access, which unlocks a multitude of use cases around fund tokenization. Participants included American Century Investments, BNY Mellon, Edward Jones, Franklin Templeton, Invesco, JP Morgan, MFS Investment Management, Mid Atlantic Trust d/b/a American Trust Custody, State Street, and U.S. Bank.
Transforming Asset Servicing With AI, Oracles, and Blockchains
Chainlink, together with leading market infrastructures, Euroclear and Swift, and some of the world’s largest financial institutions, including UBS, Franklin Templeton, Wellington Management, CACEIS, Vontobel, and Sygnum Bank, launched an industry initiative to combine advancements in AI, oracles, and blockchains to solve a long-standing problem in corporate actions—the lack of real-time standardized data in fragmented markets like Europe.
This initiative is a significant industry milestone that successfully demonstrates how AI, oracles, and blockchains can be combined to convert unstructured, human-readable financial data into structured, machine-readable, easily distributable data.
Swift and Chainlink Demonstrated a Secure and Scalable Way To Transfer Tokenized Assets Cross-Chain Using CCIP
Swift—the international bank messaging standard for 11K+ banks—is working with Chainlink to unlock tokenization at scale. Swift and Chainlink demonstrated a secure and scalable way to transfer tokenized assets cross-chain using CCIP. The successful collaboration featured 12+ world-leading financial institutions, including DTCC, Euroclear, Clearstream, ANZ, Citi, BNY Mellon, BNP Paribas, Lloyds Banking Group, and SDX.
Europe’s First Tokenized Securities Trading and Settlement System By 21X Is Adopting the Chainlink Standard
21X is leveraging the Chainlink standard to enrich tokenized assets with high-quality data and enable cross-chain interoperability on the first EU-regulated financial market infrastructure (FMI). It will provide order matching, trading, settlement, and registry services for tokenized money and securities.
Chainlink will deliver onchain secondary market price feeds for bid and ask prices on the EU-regulated platform, launched under the supervision of BaFin, Germany’s Federal Financial Supervisory Authority. In addition, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is set to become an integral part of 21X’s multi- and cross-chain strategy as it will enable 21X members to access assets and stablecoins issued on a variety of blockchains.
“We will launch 21X in Q1 2025 on a public permissionless blockchain and look forward to making a variety of tokenized assets accessible to our clients and prospects through CCIP. In addition, Chainlink will provide secure and accurate price data feeds for listed products on 21X,” said Max Heinzle, Founder and CEO of 21X.
INSTITUTIONAL BANKS: ANZ Bank, Bancolombia, and More
Cross-Chain Settlement of Tokenized Assets Using CCIP
ANZ Bank demonstrated an advanced DvP use case leveraging Chainlink CCIP. They issued two stablecoins, A\$DC and NZ\$DC, backed by the Australian dollar and the New Zealand dollar. ANZ Bank used CCIP to demonstrate a cross-currency, cross-chain purchase of tokenized assets.
Chainlink Announces CCIP Private Transactions, With ANZ Bank Among the First to Use The Capability
Chainlink announced CCIP Private Transactions, a privacy-preserving capability powered by the new Chainlink Blockchain Privacy Manager, which enables financial institutions to maintain data confidentiality, data integrity, and regulatory compliance when transacting across blockchain networks. Australia and New Zealand Banking Group (ANZ) will be among the first financial institutions to use the capability for cross-chain settlement of tokenized real-world assets (RWAs) under the Monetary Authority of Singapore (MAS) Project Guardian initiative.
Bancolombia Group’s Wenia Taps Chainlink To Increase Transparency of Its Stablecoin
Wenia—the new digital asset company from the Bancolombia Group, one of the largest financial conglomerates in Latin America—is using Chainlink Proof of Reserve (PoR) to bring end-to-end transparency to the Colombian Peso reserves backing its COPW stablecoin. PoR is integrated directly into the stablecoin’s minting function, helping to protect users against the risk of infinite mint attacks where additional COPW is issued without sufficient available reserves.
“This initiative marks a significant milestone in Colombia’s digital asset landscape, highlighting the growing adoption and integration of cryptocurrencies in the country’s financial ecosystem,” said Pablo Arboleda, CEO of Wenia. “Onchain Proof of Reserve data is a critical component to digital asset adoption, serving as a stepping stone toward increasing consumer confidence in using stablecoins and other tokenized assets.”
ASSET MANAGERS: Fidelity International, Sygnum, and More
Sygnum and Fidelity International Partner With Chainlink To Provide Fund NAV Data Onchain
Chainlink announced a collaboration with Fidelity International and Sygnum to bring Net Asset Value (NAV) data onchain. In this landmark production use case for tokenized assets, the collaboration provides transparency and accessibility around key asset data for Sygnum’s recently issued onchain representation of Fidelity International’s $6.9 billion Institutional Liquidity Fund.
MONETARY AUTHORITIES AND CENTRAL BANKS: Brazil’s Central Bank (Banco Central do Brasil) and More
SBI Digital Markets, UBS Asset Management, and Chainlink Are Enabling Next Generation Tokenized Funds
As part of the Monetary Authority of Singapore (MAS) Project Guardian, SBI Digital Markets, UBS Asset Management, and Chainlink successfully demonstrated how to automate fund subscriptions and redemptions with blockchains and smart contracts. The new model unlocks efficiency gains in fund management by leveraging Chainlink to coordinate operations between the asset manager, fund distributor, and fund administrator across different blockchains and legacy systems.
Swift, UBS Asset Management, and Chainlink Successfully Bridge Tokenized Assets with Existing Payment Systems
Secure, end-to-end payment orchestration across multiple blockchains and along existing payment rails is demonstrated by Swift, UBS Asset Management, and Chainlink as part of the Monetary Authority of Singapore (MAS) Project Guardian. Digital asset transactions can now settle with fiat payment systems used by 11,500+ financial institutions, across 200+ countries and territories.
ADDX, ANZ, and Chainlink Introduce Privacy-Enabled Cross-Chain, Cross-Border Connectivity for Tokenized Commercial Paper
Under the Monetary Authority of Singapore (MAS) Project Guardian, ANZ, ADDX, and Chainlink collaborated on a use case supporting the entire lifecycle of tokenized commercial paper. The use case leverages ADDX’s investment platform, ANZ’s Digital Asset Services, and Chainlink’s Cross-Chain Interoperability Protocol (CCIP), including its recently announced Private Transactions capability to expand access to tokenized assets across borders while helping users meet confidentiality requirements.
Brazil’s Central Bank Is Using Chainlink To Build a CBDC Project for Trade Finance Alongside Microsoft
The Central Bank of Brazil (BCB) has selected Banco Inter alongside Chainlink, Microsoft Brazil, and 7COMm to build a trade finance solution for the second phase of Brazil’s Drex CBDC project. It leverages the Chainlink standard and blockchain technology to automate supply chain management and improve trade finance processes.
Specifically, the implementation involves tokenizing an Electronic Bill of Lading (eBoL) onchain and using supply chain data to trigger payments throughout the shipping process. Chainlink CCIP enables secure interoperability between the CBDCs of Brazil and a central bank local to another country, ensuring that transactions are compatible and settled efficiently. The project demonstrates how onchain trade finance unlocks Delivery versus Payment (DvP) and Payment versus Payment (PvP), providing greater efficiency in the global supply chain and increased security and transparency in the international trade of agricultural commodities.
“We see collaborating in this project with technology leaders like Microsoft and Chainlink Labs as a transformative opportunity to expand market reach and improve the health of the Brazilian market,” said Bruno Grossi, Head of Emerging Technologies, at Banco Inter.
For more insights on how blockchain is transforming global finance, watch The Future Is On series.