Chainlink’s Work With Swift, Euroclear, and Major Banking and Capital Markets Institutions

The Chainlink standard enables financial institutions to develop customized, compliant, and future-proof blockchain applications and tokenized assets. Already, it has enabled over $19 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: Swift, Euroclear, and More

Transforming Asset Servicing With AI, Oracles, and Blockchains

Image showing initiative participants.
Participants in the industry initiative included Chainlink, Euroclear, Swift, UBS, Franklin Templeton, Wellington Management, CACEIS, Vontobel, and Sygnum Bank.

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.

Animation showing how unstructured data is transformed by AI, oracles, and blockchains.
The initiative achieved a significant architecture milestone in the journey to improve the management and dissemination of corporate actions data. With the next upcoming phase of the initiative, we aim to integrate established ISO standards, along with Swift messaging and connectivity.

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

Diagram showing how CCIP can connect Swift and blockchains.
CCIP can connect offchain systems with blockchains.

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 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

Banner announcing strategic partnership between 21X and Chainlink.
The strategic partnership between 21X will enable smart contract-based issuance, trading, and settlement of tokenized stocks, bonds, and funds.

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.

BX Digital and BX Swiss, Part of Boerse Stuttgart Group, Partner With Chainlink To Bring Pricing Data Onchain

Banner featuring BX Digital, BX Swiss, and Chainlink
BX Digital and BX Swiss have partnered with Chainlink.

BX Digital and BX Swiss have partnered with Chainlink to bring critical pricing data for Swiss-based equities onchain. BX Digital is a sister company of the Swiss exchange BX Swiss—both are part of Boerse Stuttgart Group, one of the largest exchange groups in Europe.

BX Digital is creating a market for digital assets based on Ethereum blockchain technology in Switzerland by implementing a Delivery vs Payment (DvP) Settlement System. By leveraging the Chainlink standard, BX Digital ensures securities market data price is accurately reported onchain in a manner that is decentralized, verifiable, and secure. This will allow both issuers and investors to rely on the accuracy and integrity of the data, increasing the efficiency and security of digital asset trading.

 “We believe that the Chainlink standard for verifiable data plays a crucial role in accelerating both the pace and security of asset tokenization, secondary market trading, and settlement,” said Andreas Ruflin, Chief Digital Officer at BX Digital.

 

INSTITUTIONAL BANKS: ANZ Bank, Bancolombia, Emirates NBD, and More

Cross-Chain Settlement of Tokenized Assets Using CCIP

Diagram showing cross-chain settlement.
CCIP enables the settlement of real-world assets cross-chain.

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

Diagram showing CCIP Private Transactions.
CCIP enables institutions to transact across blockchains while preserving privacy.

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

Overview of how Chainlink Proof of Reserve is integrated into the COPW’s minting function.
Overview of how Chainlink Proof of Reserve is integrated into the COPW’s minting function.

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.”

Emirates NBD, a ~$260B AUM Banking Group in the MENAT Region, Welcomes Chainlink to Digital Asset Lab

Photo of Emirates NBD and Chainlink teams at Abu Dhabi Finance Week.
Chainlink welcomed to Digital Asset Lab Council.

Following the signing of a Memorandum of Understanding at Abu Dhabi Finance Week, Emirates NBD welcomes Chainlink as a new council member alongside other founding members including PwC, Fireblocks, R3, and Chainalysis.

The Digital Asset Lab was launched in May 2023 at the Dubai FinTech Summit, to accelerate digital asset and financial services innovation in the UAE. Chainlink’s membership will play a key role in advancing the Digital Asset Lab’s mission to create innovative solutions in digital finance. 

“We are proud to partner with Chainlink and welcome them to Emirates NBD’s Digital Asset Lab as a council member,” said Miguel Rio Tinto, Group Chief Digital and Information Officer at Emirates NBD. “As a key platform for our innovation strategy, the Digital Asset Lab enables us to pioneer next-generation solutions for our customers. With Chainlink Labs’ expertise in onchain finance, we are confident this partnership will drive new advancements in tokenisation and digital asset management, reinforcing Emirates NBD’s position as a regional leader in financial innovation.”

ASSET MANAGERS: Fidelity International, Sygnum, and More

Sygnum and Fidelity International Partner With Chainlink To Provide Fund NAV Data Onchain

Diagram showing how NAV fund data can be delivered onchain.
Bringing NAV data onchain unlocks fund tokenization.

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

Diagram showing how Chainlink infrastructure is helping transform fund management operations and transfer agency processes.
Chainlink infrastructure is helping automate fund management operations and transfer agency processes.

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

Diagram showing how Swift and Chainlink are enabling fiat payment rails to facilitate subscription and redemptions of tokenized funds.
Swift and Chainlink are bringing existing payment systems to the digital assets economy.

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

ADDX, ANZ, and Chainlink introduce privacy-enabled cross-chain, cross-border connectivity for tokenized commercial paper.
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

Overview of Chainlink-powered CBDC project.
Overview of Chainlink-powered CBDC project.

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.

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