SBI Digital Markets, a subsidiary of Japan's SBI Group, will adopt Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enhance its digital asset platforms. This integration will enable secure transfers of tokenized assets across public and private blockchains, while CCIP Private Transactions will safeguard sensitive data such as transaction amounts and counterparties. The move marks SBIDM's transition from an issuance and distribution platform to a comprehensive digital asset hub, facilitating compliant issuance, purchase, settlement, and cross-jurisdictional trading. The initiative aims to expand on-chain financial activities in Asia and Europe.
SBI Digital Markets to Integrate Chainlink CCIP for Cross-Chain Asset Transfers
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