SBI and Chainlink Team Up to Drive Digital Asset Adoption in Asia

Financial giant SBI Group has partnered with blockchain oracle network provider Chainlink to expand the adoption of digital assets in the Asia-Pacific region, particularly focusing on Japan. The collaboration leverages SBI’s vast financial assets and Chainlink’s CCIP (Chainlink Community Interoperability Protocol) and SmartData technologies to facilitate cross-border transactions and tokenization of securities. This partnership will empower institutions across the region with secure and reliable access to digital asset solutions. 76% of institutions in Japan are ready to invest in tokenized securities according to SBI’s survey, further highlighting the potential impact this collaboration holds for financial innovation.