Swift, JPMorgan Among Financial Firms Testing Chainlink Blockchain Infrastructure

Chainlink's oracle network has secured $103 billion in assets through its feeds, a dramatic increase from $23 billion at the start of 2024. The platform now supports over 2,500 projects, signaling robust growth in blockchain adoption.

Major financial institutions—including Swift, DTCC, Euroclear, and JPMorgan—are collaborating with chainlink to bridge traditional finance with blockchain systems. These partnerships focus on integrating decentralized solutions while maintaining compatibility with legacy settlement processes.

Tokenized assets, excluding stablecoins, have surged to $30 billion in value—a 253% year-to-date increase. Chainlink's Cross-Chain Interoperability Protocol and Decentralized Oracle Networks provide critical infrastructure for connecting on-chain and off-chain environments.