Connect with us

Business

Chainlink Chosen by Privacy-Focused Blockchain Canton to Push Institutional Adoption

Published

on

Canton Network, a blockchain built for regulated finance, has struck a strategic partnership with Chainlink to broaden institutional adoption.

The agreement, announced Wednesday, will see Canton integrate Chainlink’s suite of services, including Data Streams, Proof of Reserve, and its Cross-Chain Interoperability Protocol. Canton has also joined the Chainlink Scale program, which helps cover the costs of running oracle nodes that feed external data into blockchains.

Chainlink Labs will take on the role of Super Validator in Canton’s Global Synchronizer, a system designed to keep transactions across the network in sync. That places Chainlink alongside a roster of more than 30 super validators and 500 validators already supporting Canton, which processes $280 billion in daily repo transactions and secures over $6 trillion in tokenized real-world assets.

For institutions, the deal could mean faster access to tokenized securities, stablecoins, and digital identity tools without sacrificing compliance or privacy. Imagine a bank issuing tokenized bonds on Canton and relying on Chainlink to confirm collateral values in real time—a scenario designed to cut costs while reducing counterparty risk.

Chainlink already secures more than $100 billion across decentralized finance and has helped facilitate $25 trillion in transaction value. Its entry into Canton aligns with growing demand from financial firms exploring tokenized assets and cross-chain applications.

“The collaboration brings together Canton’s focus on regulated finance with Chainlink’s infrastructure, paving the way for real-world institutional use cases,” Chainlink co-founder Sergey Nazarov said in the release.

Continue Reading
Click to comment

Leave a Reply

Ваш адрес email не будет опубликован. Обязательные поля помечены *

Business

Crypto Exchange Ripio Reveals $100M Crypto Treasury, Second Largest in Latin America

Published

on

By

The company’s holdings, which include bitcoin and ether, have been managed through trading and hedging strategies since 2017.

Continue Reading

Business

Ray Dalio Still Owns Bitcoin, but Says Traceability and Quantum Threat Are Concerns

Published

on

By

The billionaire founder of hedge fund Bridgewater believes Bitcoin faces major hurdles before it can become a global reserve currency.

Continue Reading

Business

HBAR Faces Fresh Liquidity Alarms After Breakdown to $0.1373

Published

on

By

Hedera’s token slipped below key support levels as a late-session trading halt, collapsing volume, and failed recovery attempts point to mounting structural and liquidity stress.

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.