#Chainlink CCIP transforming global trade and the entire economy
#Chainlink CCIP transforming global trade and the entire economy
By connecting blockchain-based supply chain systems and IoT devices, Chainlink's CCIP is transforming the $30T global trade industry and the entire economy. #Chainlink is also collaborating with key players in the global economy, such as Swift, DTCC, ANZ, and Vodafone DAB, to unlock the potential of tokenization, bring capital markets onchain, settle tokenized assets cross-chain, and transform global trade.
What's the tipping point for the widespread adoption of tokenization by capital markets? At Sibos, @TabbFORUM CEO @BruceMorris and #Chainlink Co-Founder @SergeyNazarov discussed the growing demand for digital assets and how CCIP enables banks to move onchain.
"This is what true asset interoperability looks like." @AnuragSoin, product lead digital asset services at @ANZ_AU, explains the benefits of using #CCIP to abstract away blockchain complexity for real-world asset use cases 📺⬇️ youtu.be/AI4D6drgwS0
#Chainlink CCIP is not just for finance. By connecting blockchain-based supply chain systems and IoT devices, such as those from @VodafoneBiz, CCIP is transforming the $30T global trade industry—and ultimately, the entire economy. 📖👇 blog.chain.link/chainlink-tran…
#Chainlink is collaborating with key players across the global economy: 1. Swift—Standard messaging network for 11K+ banks 2. DTCC—World’s largest securities settlement system, processing $2+ quadrillion annually 3. ANZ—Leading Australian bank with $1T+ in AUM 4. Vodafone
"Chainlink CCIP played a key role in abstracting away the blockchain complexity of moving tokenized assets across different chains."—Lee Ross, Technology Domain Lead, ANZ Bank See how @ANZ_AU demonstrated cross-chain tokenized asset settlement with #CCIP: chain.link/resources/cros…
Key takeaways from @ChainlinkLabs team members at #Sibos 2023: 1. “The industry is ready for tokenization.” 2. "The demand for CCIP is palpable." 3. “You need CCIP ... to make capital markets work in a more efficient way.”
Onchain finance is Web3's biggest opportunity—and it's powered by #Chainlink CCIP. Three near-term use cases for capital markets, explained ⬇️ blog.chain.link/tokenization-f…
A recent case study demonstrated how ANZ Bank (@ANZ_AU) can use Chainlink #CCIP to settle tokenized asset transactions that are: ✅ Atomic ✅ Cross-chain ✅ Cross-border ✅ Cross-currency All on a single platform. The future is on: chain.link/resources/cros…
"The collaboration between DTCC and Chainlink opens the door to a multitude of use cases that could redefine how the financial industry operates." Stephen Prosperi, DTCC executive director, explains why markets are moving onchain👇
Chainlink, JP Morgan's Kinexys, and Ondo Finance Partner for Tokenized Asset Settlement
Chainlink has partnered with JP Morgan's Kinexys and Ondo Finance to enable institutional clients to purchase tokenized treasuries using Kinexys Digital Payments. Key developments: - Integration leverages Chainlink Runtime Environment for secure cross-chain settlement - Kinexys network has processed over $1.5T in transactions - System aims to reduce counterparty risk in digital asset transactions - Currently $23B+ in tokenized RWAs exist on public chains The collaboration demonstrates growing institutional adoption of blockchain infrastructure for traditional finance operations. Learn more: [Chainlink Blog](https://blog.chain.link/cre-dvp-kinexys-jp-morgan-ondo-finance/)
Chainlink Chromion Hackathon Office Hours Announced
Chainlink Labs is hosting expert office hours for Chromion Hackathon participants to receive direct project feedback. Two sessions are scheduled: - June 16 at 10AM ET - June 19 at 9PM ET Sessions will be held on Chainlink Discord, offering participants an opportunity to enhance their submissions with professional guidance. The Chromion Hackathon focuses on Web3, AI, and cross-chain innovation, including AI agents, asset tokenization, and cross-chain token development. *Join Discord to participate: [Chainlink Discord](https://discord.gg/chainlink)*
HyperLend Adopts Chainlink, EulerSwap Launches on Ethereum
Two major DeFi protocols have integrated Chainlink's services: - **HyperLend** ($480M+ TVL) becomes first project to implement Chainlink on HyperEVM, utilizing Data Streams for sub-second price accuracy in lending operations - **EulerFinance** ($1.8B+ TVL) launches EulerSwap on Ethereum, powered by Chainlink Price Feeds EulerSwap introduces a hybrid lending-swapping mechanism that enables: - Yield generation - Trading functionality - Collateral utilization - Enhanced AMM strategies Both integrations aim to improve price accuracy and security in DeFi operations.
Proof of Reserves Emerges as Key Solution for Market Transparency
Following the FTX fraud and Silicon Valley Bank collapse, industry experts are highlighting proof-of-reserves as a crucial tool for enhancing market oversight. Key points: - Proof-of-reserves systems provide real-time verification of assets - Policymakers can leverage this technology to prevent future financial scandals - Off-chain transaction reporting adds additional transparency layers Experts Bruce Tupper and Tyler Williams emphasize these measures as essential for rebuilding trust in trading platforms. Learn more about implementing proof-of-reserves: [Chainlink's Guide](https://blog.chain.link/proof-of-reserves-for-policymakers/)
Swift and Chainlink Bridge Traditional Finance with Blockchain Networks
Swift and Chainlink are collaborating to connect traditional financial institutions with blockchain networks, addressing growing user demand for cross-network connectivity. Key developments: - Swift's infrastructure now enables banks and financial institutions to interact with multiple blockchain networks - Integration combines Swift's established messaging protocol with blockchain capabilities - Partnership aims to bridge the gap between traditional finance and blockchain technology The collaboration demonstrates significant progress in financial infrastructure modernization, with Swift's universal language meeting blockchain innovation through Chainlink's technology. [Listen to the full discussion](https://www.globalcustodian.com/podcasts/the-future-is-on-in-conversation-with-swifts-jonathan-ehrenfeld-and-chainlinks-sergey-nazarov/)