LATEST: Chainlink And SBI Group Join Hands For Asia’s Crypto Innovation

SBI Group has teamed up with blockchain oracle provider Chainlink to drive innovation in the digital asset sector. The partnership aims to advance use cases around tokenized funds, real-world assets such as real estate and bonds, and regulated stablecoins, paving the way for a stronger crypto-powered financial ecosystem in Japan and beyond.

Through this collaboration, SBI and other Japanese financial firms will leverage Chainlink’s technologies, including the Cross-Chain Interoperability Protocol (CCIP), SmartData, and Proof of Reserve. These tools are set to enhance liquidity in secondary markets, improve operational efficiency, and ensure compliance with regulatory and privacy standards. SBI Holdings’ CEO Yoshitaka Kitao highlighted Chainlink’s reliability and interoperability as key drivers of the partnership, emphasizing their shared vision of secure, compliant, cross-border digital transactions.

This is not the first collaboration between the two. Chainlink, SBI Digital Markets, and UBS Asset Management previously worked together under Singapore’s MAS Project Guardian, successfully testing automated fund administration and transfer agency powered by smart contracts—marking another step toward accelerating mainstream adoption of tokenized assets.

Source

16.2K Reads