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Chainlink Collaborates with Major Financial Institutions to Streamline $58B Corporate Actions

Chainlink Collaborates with Major Financial Institutions to Streamline $58B Corporate Actions

Published:
2025-09-29 14:46:02
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BTCCSquare news:

Chainlink, the decentralized oracle network, has partnered with 24 leading financial institutions to revolutionize the processing of corporate actions—spanning dividends, stock splits, and mergers—across global markets. A pilot involving SWIFT, DTCC, Euroclear, and six others Leveraged Chainlink’s blockchain and AI capabilities to ingest and validate multilingual corporate action data in near real-time.

The initiative produced standardized 'golden records,' distributed simultaneously to blockchain networks and legacy systems like SWIFT, slashing manual effort and error risks. Large language models (GPT, Gemini, Claude) extracted structured data from unstructured announcements, creating an on-chain 'single source of truth' for participants. Chainlink’s CRE validated outputs, while its CCIP protocol relayed data to Avalanche and DTCC’s private network.

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