SBI Digital Markets has announced a partnership with Chainlink to integrate its Cross-Chain Interoperability Protocol (CCIP) as the primary blockchain infrastructure. This collaboration aims to bridge traditional finance with decentralized finance (DeFi) by facilitating secure and seamless token transfers. As part of Japan's SBI Group, SBI Digital Markets is leveraging blockchain technology to advance its digital finance strategy.
In related developments, UBS has utilized Chainlink's Digital Transfer Agent (DTA) standard to tokenize a fund in collaboration with DigiFT. Chainlink's expanding role in the blockchain ecosystem is further underscored by its partnerships with S&P Global for onchain Stablecoin Stability Assessments and with Stellar to enhance DeFi and real-world asset innovation.
SBI Digital Markets Partners with Chainlink for Enhanced Asset Transfers
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
