Chainlink and Canton Connect Traditional Finance with DeFi in a $6 Trillion Blockchain Initiative
- Chainlink partners with Canton Network to integrate blockchain infrastructure for institutional finance, enhancing security and compliance. - Canton joins Chainlink's Scale program, leveraging Data Streams, SmartData, and CCIP for real-time data and cross-chain interoperability. - Backed by Goldman Sachs and Microsoft, Canton processes $280B daily in repo transactions and supports $6T in tokenized assets. - The collaboration bridges TradFi and DeFi by enabling automated compliance, tokenized assets, and
Chainlink, a leading
Through this collaboration, the Canton Network has become part of the
The Canton Network, managed by the Canton Foundation and supported by organizations like
Yuval Rooz, CEO of Digital Asset, pointed out the wider impact of the partnership: “Chainlink’s involvement reinforces Canton’s governance and resilience, while expanding opportunities for innovators in both traditional and decentralized finance.” This collaboration reflects the increasing interest from institutions in blockchain, as more financial organizations turn to tokenized assets and on-chain settlements. Recently, the Canton Network has gained backing from P2P.org, BNP Paribas, and HSBC, further establishing its position as a center for institutional blockchain progress.
By bringing Chainlink’s services into the Canton Network, the partnership addresses major challenges in institutional finance, such as data reliability, interoperability, and regulatory requirements. With Chainlink’s trusted oracle solutions, the Canton Network can offer institutions dependable, tamper-resistant data and smooth cross-chain operations. This partnership also builds on Chainlink Labs’ previous involvement as a Canton Foundation member, which manages the Global Synchronizer. Together, these efforts reinforce the Canton Network’s status as a top blockchain platform for bridging traditional and decentralized financial systems.
For investors and industry participants, this alliance represents a significant move toward uniting traditional finance (TradFi) and decentralized finance (DeFi). By merging Canton’s regulatory strengths with Chainlink’s infrastructure, the partnership opens up new possibilities for tokenized assets, automated compliance, and cross-chain settlements. As financial institutions worldwide continue to explore blockchain solutions, the integration of Chainlink’s technology into the Canton Network highlights the rising demand for secure, scalable, and compliant blockchain infrastructure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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