Chainlink CEO: "Full-Scale Collaboration with Financial Institutions Worldwide"

Source
Doohyun Hwang

Summary

  • Chainlink stated that it is expanding collaborations with major financial institutions globally and promoting global standardization.
  • It announced that it now provides integrated data connectivity and orchestration solutions tailored to the needs of various institutions including asset managers, banks, and financial market infrastructure providers.
  • It shared that, as institutional adoption and RWA (real world asset) integration accelerate, Chainlink could become the only alternative for building the world’s largest capital network.
Sergey Nazarov, Chainlink co-founder / Photo=Chainlink X
Sergey Nazarov, Chainlink co-founder / Photo=Chainlink X

Chainlink is significantly expanding collaboration with major financial institutions across Asia, the Middle East, Australia, the United States, and more, while promoting global standardization of decentralized oracle networks. Currently, Chainlink is in various stages of discussions with key financial institutions in multiple countries to build capital market infrastructure based on its technology.

Sergey Nazarov, Chainlink co-founder, said on the official YouTube channel on the 9th (local time), "We have been active mainly in Asia, the Middle East, and Australia since last year, and this year, we are focusing discussions with local institutions in the United States in response to regulatory changes," adding, "At the moment, we can't disclose the names of partner institutions upon their request, but in reality, discussions are underway with nearly all major institutions."

Nazarov explained, "Chainlink now provides integrated solutions tailored to the needs of various institutions, including asset managers, banks, and financial market infrastructure, by offering data connectivity, compliance, and orchestration solutions to fit individual requirements," adding, "Our goal is to enable global capital flows across multiple blockchains in compliance with complex regulations."

He continued, "Ultimately, we aim to connect capital flows between institutions and the decentralized finance (DeFi) ecosystem," and, "Through this, we will build an 'Internet of Contracts' structure where financial service providers operate on a single global standard."

He also added, "We have now entered a phase of 'inbound demand,' where institutions are proactively approaching Chainlink," noting, "Should Chainlink become the only viable alternative as institutional adoption and RWA (real world asset) integration accelerate, the world's largest capital network will be established."

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Doohyun Hwang

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