25 Aug
25Aug

Japanese financial conglomerate SBI Group has partnered with Chainlink, a leading oracle platform, to build institutional-grade infrastructure for digital assets. The goal of this collaboration is to accelerate the adoption of blockchain technology and tokenized assets across global financial markets.

This partnership addresses a key issue identified in a recent SBI survey, where over 76% of financial institutions expressed interest in tokenized securities but cited a lack of robust infrastructure as a major obstacle. The alliance aims to fill this gap by providing advanced data and interoperability solutions.

The collaboration will leverage Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enable secure cross-border transactions for assets like real estate and bonds. Additional use cases being developed include using Chainlink SmartData for on-chain fund data, CCIP for foreign exchange settlements, and Chainlink Proof of Reserve for stablecoin transparency.

Leaders from both companies have expressed optimism. Sergey Nazarov, Chainlink's co-founder, stated that the partnership highlights the demand for secure and reliable solutions in institutional use cases. Yoshitaka Kitao, SBI Group's CEO, added that the collaboration will help develop "groundbreaking, secure, compliance-focused solutions" to drive digital asset adoption in Japan and beyond.

This new initiative builds on a previous successful collaboration between the two firms as part of the Monetary Authority of Singapore’s Project Guardian, signaling a move from experimental projects to real-world applications.

August 2025, Cryptoniteuae

Comments
* The email will not be published on the website.