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, 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/)