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- Chainlink has been helping financial institutions build secure, compliant blockchain solutions, already supporting trillions in value as they transition on-chain.
- SWIFT and Chainlink are already working together to help banks tap into blockchains without overhauling their systems.
Chainlink is currently the 14th biggest crypto project, with a market cap of around $13 billion. Its native token, LINK, is trading at $19.26 after a strong 24% jump this past week.
But Chainlink’s value goes way beyond price action. It’s leading the way in real-world asset integration and stands out thanks to its active developer community, leaving projects like Avalanche (AVAX), Axelar (AXL), and Stellar (XLM) playing catch-up.
In a recent update, the Chainlink team broke down how they’re working with top asset managers and Banks to bring traditional finance on-chain. It’s a reminder that Chainlink is building the infrastructure that real institutions are starting to rely on.
The Backbone for OnChain Finance
Back in 2024, Society for Worldwide Interbank Financial Telecommunication (SWIFT) teamed up with Chainlink to help banks connect to blockchains without needing to reinvent the wheel. By combining SWIFT’s existing global messaging standards, used by over 11,500 banks in 200+ countries, with Chainlink’s infrastructure, the partnership made it possible for banks to settle tokenized assets across both public and private blockchains.
This involved over a dozen other financial institutions, including Euroclear, Clearstream, Citi, BNY Mellon, BNP Paribas, Lloyds Banking Group, and SDX. The result? Digital assets could be settled using the same Swift-based systems already in place for fiat transactions.
Chainlink also joined forces with UBS Asset Management, Franklin Templeton, Wellington Management, CACEIS, Vontobel, and Sygnum Bank. The goal is to use Artificial Intelligence (AI), oracles, and blockchain tech to turn complex, human-written financial documents into clean, structured data that systems can read, verify, and share instantly.
On top of that, Chainlink partnered with Mastercard to power a new app called Swapper, allowing over 3 billion cardholders to buy crypto directly on-chain. It’s a big leap forward in making crypto more accessible to everyday users.
Then there is Singapore’s Project Guardian. This is an initiative that was launched in 2022 to bring together regulators and the financial industry to make markets more liquid and efficient through asset tokenization.
As part of this, the Monetary Authority of Singapore (MAS) brought together ANZ, ADDX, and Chainlink to explore how blockchain can support the full lifecycle of tokenized commercial paper, a key financial instrument for short-term borrowing.
Chainlink brought in its CCIP Private Transactions, which uses a privacy-focused tool called the Blockchain Privacy Manager to keep sensitive data secure. Why does this matter? According to the Australian central bank, using tokenization in local markets could help issuers save more than 12 billion AUD each year.
That potential has already caught attention in Australia. Chainlink is now at the heart of Project Acacia, a new project backed by the Reserve Bank of Australia, Westpac Institutional Bank, and Imperium Markets, in partnership with Digital Finance CRC. As we explained in the report, this project is focused on testing how tokenized asset settlement could work in real financial markets.
At the core of these efforts is the Chainlink Runtime Environment (CRE) and Chainlink’s Cross-Chain Interoperability Protocol. CRE is a tool that enables secure, compliant Delivery vs. Payment (DvP) settlement of tokenized assets across blockchain networks.
In another recent breakthrough, Chainlink worked with J.P. Morgan’s Kinexys, their blockchain unit, and Ondo Finance, a leader in real-world asset tokenization, to complete a cross-chain DvP transaction. This test involved exchanging Ondo’s Short-Term U.S. Treasuries Fund (OUSG) between Kinexys’ permissioned blockchain and the Ondo Chain testnet, again powered by Chainlink’s CRE.
