Chainlink and Canton Bridge TradFi and DeFi in $6T Blockchain Push

Chainlink, the industry-standard oracle platform, and the Canton Network, a public, permissionless blockchain purpose-built for institutional finance, have announced a strategic partnership to accelerate the adoption of blockchain technology in the financial sector. The collaboration integrates Chainlink’s data and cross-chain infrastructure into the Canton Network ecosystem, enhancing security, compliance, and scalability for institutional use cases.

Under the agreement, the Canton Network has joined the Chainlink Scale program, which subsidizes operating costs for oracle nodes to provide cost-effective services to institutional participants. The Canton Network will integrate Chainlink Data Streams, SmartData solutions (including Proof of Reserve and NAVLink), and the Cross-Chain Interoperability Protocol (CCIP). These tools enable secure, real-time data feeds and cross-chain communication, critical for tokenized assets, stablecoins, and digital identity solutions. Chainlink Labs will also serve as a Super Validator on the Canton Network, operating a combined Validator and Canton Synchronizer node to support the Global Synchronizer, the network’s interoperability layer.

The Canton Network, governed by the Canton Foundation and backed by institutions such as Goldman Sachs, Microsoft, and BNP Paribas, processes over $280 billion in daily repo transactions and supports more than $6 trillion in tokenized real-world assets. The integration of Chainlink’s infrastructure strengthens the network’s ability to meet institutional demands for privacy, compliance, and resilience. Sergey Nazarov, Chainlink co-founder, emphasized the partnership’s potential to bridge traditional and decentralized finance: “Canton’s leadership in privacy and compliance, combined with Chainlink’s proven infrastructure, will enable large-scale real-world use cases and accelerate the convergence of traditional and decentralized capital markets.”

Yuval Rooz, CEO of Digital Asset, highlighted the collaboration’s broader implications: “Chainlink’s presence strengthens Canton’s governance and resilience while broadening opportunities for innovators across traditional and decentralized finance.” The partnership aligns with growing institutional interest in blockchain, as financial institutions increasingly adopt tokenized assets and on-chain settlements. For instance, the Canton Network recently attracted support from P2P.org, BNP Paribas, and HSBC, further solidifying its role as a hub for institutional blockchain innovation.

The integration of Chainlink’s services into the Canton Network addresses key challenges in institutional finance, including data accuracy, interoperability, and regulatory compliance. By leveraging Chainlink’s industry-standard oracle solutions, the Canton Network can provide institutions with reliable, tamper-proof data feeds and seamless cross-chain transactions. This collaboration also builds on Chainlink Labs’ earlier role as a member of the Canton Foundation, which oversees the Global Synchronizer. Together, these initiatives position the Canton Network as a premier blockchain for connecting traditional and decentralized financial ecosystems.

For investors and market participants, the partnership marks a pivotal step in the convergence of traditional finance (TradFi) and decentralized finance (DeFi). By combining Canton’s regulatory expertise with Chainlink’s infrastructure, the collaboration unlocks new opportunities for tokenized assets, automated compliance reporting, and cross-chain settlements. As global financial institutions continue to explore blockchain solutions, the integration of Chainlink’s services into the Canton Network underscores the growing demand for scalable, secure, and compliant blockchain infrastructure.

[1] Canton Network and Chainlink Enter Into Strategic Partnership To Accelerate Institutional Blockchain Adoption (https://www.canton.network/canton-network-press-releases/canton-network-and-chainlink-enter-into-strategic-partnership-to-accelerate-institutional-blockchain-adoption-)

[2] Chainlink Integrates with Canton's Institutional Blockchain (https://cointelegraph.com/news/chainlink-integrates-with-canton-network-blockchain)

[3] Chainlink Taps $6T Canton Network in Power Move to Push Institutional Blockchain Adoption (https://blockonomi.com/chainlink-taps-6t-canton-network-in-power-move-to-push-institutional-blockchain-adoption/)

[4] Canton Network and Chainlink Partner to Advance Institutional Blockchain Adoption (https://financefeeds.com/canton-network-and-chainlink-partner-to-advance-institutional-blockchain-adoption/)