Chainlink's AI-Blockchain Bridge Slashes $58B in Manual Corporate Action Costs

Chainlink, a leading blockchain infrastructure provider, has partnered with 24 global financial institutions to revolutionize corporate actions processing using AI and blockchain technology. The initiative, involving entities like SWIFT, DTCC, Euroclear, UBS, and ANZ, aims to address the $58 billion annual cost burden of manual corporate actions workflows, which involve an average of 110,000 interactions per event and $34 million in processing expenses Chainlink Teams With Major Financial Institutions to Fix $58B…^[1]. By leveraging large language models (LLMs) from OpenAI, Google, and Anthropic, the system automates data extraction from unstructured corporate action announcements, generating standardized “golden records” in near real-time Chainlink and 24 Leading Financial Market Participants Advance…^[2]. These records, cryptographically validated and distributed via Chainlink’s Runtime Environment (CRE) and Cross-Chain Interoperability Protocol (CCIP), enable simultaneous access across legacy systems like SWIFT and blockchain networks, reducing errors and operational risk Chainlink's AI-powered communications tool shows promise at…^[3].

The pilot project demonstrated a production-grade solution achieving nearly 100% data consensus among AI models, with multilingual support for Spanish, Chinese, and other languages to expand global coverage Chainlink Expands Industry Initiative with 24 Banks to Cut $58B…^[4]. Chainlink’s CRE validated AI outputs, converting them into ISO 20022-compliant messages for SWIFT, while CCIP relayed data to DTCC’s blockchain ecosystem and public chains like Avalanche. This architecture eliminates manual revalidation, which 75% of market participants currently rely on, and provides a “single source of truth” for custodians, asset managers, and smart contracts Chainlink Partners with Major Financial Players to…^[5]. The system also supports tokenized equities, enabling cross-chain synchronization and laying the groundwork for scalable digital asset servicing Chainlink, Euroclear, Swift + Six Major Market Participants Launch…^[6].

Participants highlighted the initiative’s potential to transform capital markets. UBS, BNP Paribas, and ANZ emphasized reduced settlement errors, faster reconciliations, and lower costs, while Wellington Management noted improved compliance and risk management for global portfolios Chainlink Showcases New AI-Blockchain Synergy to Revolutionise…^[7]. DTCC’s Dan Doney described the use of distributed ledger technology (DLT) as a catalyst for “transparency, connectivity, and accuracy,” and Euroclear’s Stéphanie Lheureux underscored the importance of interoperability in aligning new solutions with existing infrastructure Chainlink Poised to Power TradFi Shift to Blockchain…^[8]. Chainlink co-founder Sergey Nazarov called the project a “big leap forward” for AI oracle networks, demonstrating decentralized consensus on critical financial data Chainlink Revolutionizes Real-World Asset Tokenization with…^[9].

Future phases will expand to complex corporate actions like stock splits, additional jurisdictions, and enhanced privacy controls. The initiative aligns with broader trends in asset tokenization, where institutions like BlackRock and Franklin Templeton are integrating blockchain to digitize securities and commodities. Chainlink’s Proof of Reserve (PoR) and CCIP are already securing $103 billion in assets across 2,500 projects, with Jefferies predicting growing demand as tokenization moves from pilot to production Chainlink and BlackRock Discuss Tokenized Asset…^[10]. By bridging TradFi and DeFi, Chainlink’s infrastructure is positioned to facilitate $20 trillion in cross-chain transaction value, per its current capabilities .