Canton Network, emphasizing regulated finance, has announced a strategic partnership with Chainlink to enhance institutional adoption of blockchain technology. This collaboration will see Canton integrate Chainlink's services, including Data Streams, Proof of Reserve, and Cross-Chain Interoperability Protocol. By joining the Chainlink Scale program, Canton will mitigate costs associated with running oracle nodes that provide essential external data. Chainlink Labs will serve as a Super Validator on Canton's Global Synchronizer, reinforcing its network of over 30 existing super validators, managing approximately $280 billion in daily transactions and securing over $6 trillion in tokenized assets. This partnership is aimed at facilitating faster access to tokenized securities, stablecoins, and digital identity tools while ensuring compliance and privacy. The move reflects a growing interest among financial institutions in exploring tokenized assets and cross-chain applications, positioning both Chainlink and Canton for future developments in regulated finance.

Source đź”—