Leading financial institutions actively exploring Chainlink CCIP
Leading financial institutions actively exploring Chainlink CCIP
Several premier institutions, including Swift, DTCC, ANZ, and Vodafone, are collaborating with Chainlink to explore the Chainlink Cross-Chain Interoperability Protocol (CCIP). The collaborations involve demonstrating secure and scalable cross-chain transfer of tokenized assets, exploring use cases that could redefine the financial industry, enabling cross-border tokenized asset purchases, and connecting IoT devices for global trade. Swell Network is integrating Chainlink CCIP to facilitate secure cross-chain token transfers for its liquid staking protocol. Chainlink CCIP provides financial institutions with the ability to transact, post data to smart contracts, capture transaction status updates, and control assets with existing infrastructure. BNP Paribas and Chainlink Labs recently discussed their collaboration using CCIP in a webinar. Nuon Finance, a Chainlink BUILD member, has integrated CCIP across multiple blockchain platforms to enable cross-chain transfers of their flatcoin, Nuon, pegged to the inflation rate.
.@swellnetworkio is integrating #Chainlink CCIP on @arbitrum and @ethereum to help power highly secure cross-chain token transfers for its liquid staking protocol. Why Swell is upgrading to exclusively using the cross-chain standard馃憞 swellnetwork.io/post/swell-ccip
Swell is upgrading to @Chainlink CCIP's Simplified Token Transfers on @arbitrum and @ethereum CCIP will now be Swell's exclusive cross-chain token transfer mechanism Why Swell is using #CCIP, the cross-chain standard 馃憞 swellnetwork.io/post/swell-ccip
Chainlink BUILD member @NuonFinance has integrated Chainlink #CCIP across @arbitrum, @BuildOnBase, and @ethereum. Nuon is using CCIP to help unlock cross-chain transfers of Nuon, a flatcoin pegged to the inflation rate as measured by @truflation.
Nuon is now securely transferable across Arbitrum, Base, and Ethereum thanks to @Chainlink鈥檚 industry-leading cross-chain interoperability solution. Made possible by the usage of Chainlink CCIP through the #ChainlinkBUILD program, the integration of CCIP鈥檚 Simplified Token
Creating a blockchain interoperability standard for the global economy requires collaborating with the world鈥檚 leading institutions. Some of the premier institutions actively exploring #Chainlink CCIP include: 1. Swift鈥擲tandard messaging network for 11K+ banks Swift and
Financial institutions don鈥檛 have to rebuild their tech stack to access the onchain economy. #Chainlink CCIP enables them to: 馃挶 Transact from existing systems 馃摡 Post data to smart contracts 鈩癸笍 Capture transaction status updates 馃彟 Control assets with existing infrastructure
Tomorrow, experts from @BNPParibas鈥擡urope鈥檚 second-largest bank鈥攁nd #Chainlink Labs will discuss their recent collaboration with Swift and 12+ of the world's largest financial institutions, which used CCIP. Register for the @Alastria_ webinar 猬囷笍
Chainlink Community Video Updates
Chainlink has released new video content showcasing community developments and technical updates. The latest release builds on previous video communications from August 9th and July's vibin update. Key points: - New community video released August 14th - Follows established pattern of regular video updates - Continues from previous image-based communications in November - Demonstrates ongoing commitment to community engagement The video format allows for more detailed technical explanations and better visualization of Chainlink's ecosystem developments.
Chainlink Expands Social Media Presence and BUILD Program
Chainlink has launched its official Instagram account, offering a new channel for community engagement and project updates. This expansion comes as the Chainlink BUILD program reaches a significant milestone of 100 members. Key updates: - New Instagram presence for following Chainlink developments - BUILD program achieves 100-member milestone - Enhanced visibility for blockchain infrastructure developments Follow Chainlink's progress: - Instagram: [@chainlink](https://instagram.com/chainlink) - BUILD program updates available through official channels
Spiko Finance Integrates CCIP for Cross-Chain Share Transfers
**Spiko Finance** has successfully integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP), enabling seamless transfer of money market fund shares across different blockchain networks. Previously, users had to manually redeem shares on one chain and resubscribe on another. The new integration allows for single-click transfers across CCIP-enabled chains. Spiko, a regulated tokenization platform managing over $380M in tokenized money market funds, maintains regulatory compliance while offering this enhanced cross-chain functionality. [Learn more about the integration](https://www.spiko.io/blog/spiko-chainlink-ccip)
oXAUt Gold-Backed Token Launches on Avalanche via Chainlink CCIP
Tether Gold's open version of their gold-backed token (oXAUt) has launched on the Avalanche blockchain, utilizing Chainlink's Cross-Chain Interoperability Protocol (CCIP). The original XAUt token has a market cap exceeding $820M and is backed 1:1 by physical gold. Key points: - Available on 40+ chains - Enables secure cross-chain transfers - Supports on-chain value transfer and storage - Integration with Api3 Market for XAUt/USD price feeds Builders can now leverage this real-world asset for Web3 development.
Major Financial Institutions Continue Chainlink Integration
A growing consortium of global financial institutions are advancing their blockchain initiatives through Chainlink integration. Key participants include: - Major banks: JP Morgan, UBS, BNY Mellon, Citi - Payment networks: Swift, Mastercard - Asset managers: Franklin Templeton, Fidelity International - Infrastructure providers: Euroclear, Clearstream The expansion now includes new entities like Mastercard and ICE, building on previous announcements from late 2024. This represents continued momentum in traditional finance's adoption of blockchain infrastructure. [View full announcement](https://blog.chain.link/chainlink-banking-capital-markets-announcements/)