SBI Deepens Ties With Chainlink: Enabling Tokenized Asset Transfers Across Blockchain Networks

Japan’s SBI Digital Markets (SBIDM) has deepened its partnership with Chainlink to power the tokenization of real-world assets. By adopting Chainlink’s Cross-Chain Interoperability Protocol (CCIP), SBIDM can now securely transfer these assets between different blockchains while adhering to regulatory standards. This innovative move positions SBIDM as a comprehensive digital asset hub, extending beyond issuance and distribution to encompass the entire lifecycle of tokenized assets. The integration facilitates compliant purchase settlement, secondary trading using tokenized cash across various jurisdictions, and more.