Chainlink has partnered with the Canton Network, an institutional blockchain supported by global banks and technology firms, to enhance blockchain adoption. The collaboration integrates Chainlink’s data services, including proof of reserve and NAVLink, as well as its cross-chain interoperability protocol. Additionally, Chainlink Labs will act as a super validator on the Canton Network, enabling consensus and interoperability across domains. Yuval Rooz, CEO of Canton Network developer Digital Asset, emphasized that Chainlink will bolster governance and open opportunities in both traditional and decentralized finance. Since its launch in May 2023, Canton Network has grown significantly, currently supporting over $6 trillion in onchain real-world assets and processing $280 billion in repurchase agreements daily, backed by 500 validators and over 30 super validators. This integration aligns with a broader trend of financial institutions accelerating their blockchain initiatives.

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