Japanese conglomerate SBI Group, through its digital asset arm SBIDM, has partnered with decentralized oracle network Chainlink to create a hub for tokenized asset management. The collaboration utilizes Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to connect traditional finance systems with blockchain-based operations. This integration enables secure fund operations across multiple blockchains while maintaining regulatory compliance and privacy.
SBIDM’s digital asset platform will leverage Chainlink’s CCIP for issuing, settling, and trading tokenized securities across both public and private blockchains. The platform incorporates privacy tools to ensure transaction details remain confidential, such as the amount and sender information.