Chainlink, a decentralized oracle network, announced today it has partnered with SBI Digital Markets (SBIDM), the digital asset division of a major Japanese financial conglomerate, to develop digital asset solutions using cross-chain interoperability technology.

The collaboration will leverage Chainlink CCIP, a cross-chain interoperability protocol, to enable secure tokenized fund operations across multiple blockchains. SBIDM focuses on tokenized asset issuance and distribution as part of SBI Group’s broader blockchain integration strategy.

Before this collaboration, Chainlink CCIP had already established major institutional partnerships.

UBS Asset Management completed a pilot with SBIDM using Chainlink CCIP to enable end-to-end tokenized fund workflows across chains. Chainlink has also teamed up with Ondo Finance to integrate cross-chain capabilities for tokenized real-world assets on multiple blockchains.

Chainlink’s infrastructure supports collaborations with institutions like Swift and Euroclear to integrate tokenized assets into traditional capital markets.