DTCC CTO: Chainlink Partnership Enables Rapid Financial Market Updates
DTCC CTO: Chainlink Partnership Enables Rapid Financial Market Updates
🏦 DTCC's Chainlink Secret
DTCC accelerates financial market transformation through strategic Chainlink partnership, according to Managing Director and CTO Dan Doney.
Key developments from SmartCon 2025:
- Rapid deployment: DTCC leveraged Chainlink infrastructure to quickly update financial systems
- Interoperability focus: Cross-chain movement essential for avoiding fragmented legacy systems
- Industry standards: Leaders emphasize unified protocols for seamless digital asset ecosystem
Market expansion potential highlighted by industry experts, with DeFi growth trajectory from hundreds of billions to trillions through tokenization.
Traditional finance integration emerges as critical next phase, connecting global financial systems to DeFi rather than just crypto-to-crypto connections.
DTCC, Citi, Taurus, and Swift representatives stress standardization as foundational for fast-moving market participants and secure cross-chain value transfer.
“Standards are going to be critical to ensure we can all interoperate and work at the same level”—Nadine Chakar, Global Head of Digital Assets, DTCC. Leaders from DTCC, Citi, Taurus, & Chainlink discuss what’s needed to create a unified digital asset ecosystem ↓
“Standards are ... foundational for the interoperability of fast-moving players.” At SmartCon 2025, leaders from Swift, GLEIF, Chainlink Labs, & GBBC explored how secure standards are unifying fragmented ecosystems into a seamless digital asset economy ↓
“The next age for our space ... will be taking [it] from a few hundred billion dollars to trillions of dollars.” @EidJohann explains how Chainlink enabled the initial phase of DeFi growth & how it's powering the next wave of adoption via tokenization ↓
"The second stage of connection for our space is not connecting crypto to more crypto. It’s connecting the global financial system to DeFi." Chainlink Labs CBO @EidJohann’s SmartCon 2025 keynote on how connecting traditional markets to DeFi through Chainlink is vital to creating
“By using partners like Chainlink, we’re able to move … very quickly & completely update financial markets.” —Dan Doney, Managing Director, CTO at DTCC
“If you’re not able to make this movement freely between the chains, you’re really left with the same world we had before.” At SmartCon 2025, DTCC Digital Assets CTO Dan Doney emphasizes interoperability as critical to enabling instant settlement across blockchains, highlighting
"The second stage of connection for our space is not connecting crypto to more crypto. It’s connecting the global financial system to DeFi." Chainlink Labs CBO @EidJohann’s SmartCon 2025 keynote on how connecting traditional markets to DeFi through Chainlink is vital to creating
🔍 Swift's Innovation Chief: Every Token Needs Verifiable Backing
At SmartCon, **Swift's Chief Innovation Officer Tom Zschach** emphasized that verifiability is fundamental to onchain finance. **Key points:** - Every token and asset must have **verifiable backing** - Proof of reserves is essential for transparency - Assets need **provable data** to support their value This builds on Chainlink's broader vision of bringing various "proof of" mechanisms onchain, including proof of reserves, composition, liabilities, and solvency. The focus on verifiability reflects growing institutional demand for **transparent asset backing** in tokenized finance.
đź”— Chainlink Sees 52 New Integrations Across 15 Chains
**Chainlink** recorded **52 new integrations** this week across 11 services and 15 different blockchain networks. **Key chains involved:** - Major networks: Ethereum, Arbitrum, Avalanche, Base, BNB Chain - Emerging chains: Aptos, Monad, Sei, X Layer, Ink - Specialized networks: 0G, HyperCore, HyperEVM, Plasma, Ronin **Notable new integrations include:** - **Traditional finance**: UBS, FTSE Russell, Tradeweb, SBI Digital Markets - **DeFi protocols**: Aave Horizon, Lido Finance, Enzyme Finance - **Infrastructure**: Chainalysis, Securitize, Validation Cloud - **Emerging projects**: ElizaOS, Sentient AGI, WisdomTree This represents a **decrease from last week's 62 integrations** but maintains steady adoption momentum across diverse sectors. The integration count shows consistent enterprise and DeFi adoption of Chainlink's oracle infrastructure. [Explore complete ecosystem](https://www.chainlinkecosystem.com/)
Chainlink Launches Confidential Compute to Enable Private Institutional Smart Contracts
**Chainlink has introduced Confidential Compute**, a new service designed to bring privacy to public blockchain smart contracts. The solution addresses a critical gap in onchain finance: - **Private data protection** - Prevents exposure of sensitive information - **Cross-chain workflow privacy** - Enables confidential operations across multiple blockchains - **Counterparty management** - Allows private handling of roles and permissions According to Chainlink Labs' Head of Research Lorenz Breidenbach, privacy is essential for institutional adoption. Over 80% of global financial activity happens off-exchange, relying on confidential identity checks and private transactions. **Key capabilities include:** - Private smart contracts with built-in verification - Confidential access to data and APIs - Privacy-preserving tokenization for real-world assets - Secure cross-chain settlement The service aims to match institutional expectations by providing the confidentiality standards that traditional capital markets require. [Learn more about Chainlink Confidential Compute](https://blog.chain.link/chainlink-confidential-compute/)
🏝️ Bermuda Breakthrough
**Bermuda Monetary Authority** partners with **Chainlink** and three other firms to develop institutional-grade stablecoin infrastructure with real-time regulatory oversight. The collaboration includes: - Chainlink (blockchain connectivity) - Apex Global Group (financial services) - Blupryntco (compliance solutions) - Hackenclub (security auditing) This **embedded supervision initiative** creates a framework for real-time DeFi regulatory monitoring, potentially setting new standards for institutional stablecoin adoption. [Learn more about the initiative](https://www.bma.bm/news-and-press-releases/press-release-bermuda-monetary-authority-advances-landmark-embedded-supervision-initiative-to-architect-real-time-regulatory-oversight-for-defi)