SBI Group Partners with Chainlink to Build Tokenized Asset Hub
Japan's SBI Group has forged a strategic partnership with chainlink to develop a digital asset hub leveraging Chainlink's Cross-Chain Interoperability Protocol (CCIP). The collaboration, announced in Singapore, marks a significant step in bridging traditional finance with blockchain technology.
SBI Digital Markets will utilize CCIP as its primary infrastructure for cross-chain tokenized asset operations. The solution enables secure issuance, settlement, and trading of tokenized securities across both public and private blockchains while maintaining regulatory compliance and transaction privacy.
The initiative builds upon previous work under Singapore's Project Guardian, demonstrating growing institutional adoption of blockchain infrastructure for financial applications. Chainlink's oracle technology continues to gain traction as a critical middleware LAYER for enterprise blockchain implementations.