Chainlink

<p>Chainlink has officially joined the Canton Network, an institutional blockchain backed by leading global banks and technology giants. This move gives Canton access to Chainlink’s trusted oracle services, including data feeds, proof-of-reserve tools, NAV reporting, and CCIP interoperability.</p>
<h2 id="header-0">Chainlink as a Super Validator</h2>
<p>As part of the integration, Chainlink will serve as a super validator, combining transaction validation with participation in Canton’s Global Synchronizer—a mechanism ensuring cross-domain transaction finality and system-wide consistency. Canton has also joined Chainlink’s SCALE program, designed to reduce oracle costs as usage grows.</p>
<h2 id="header-1">Canton’s $6 Trillion Tokenized Asset Network</h2>
<p>Launched in 2023, Canton has rapidly expanded into one of the most influential institutional blockchains. It currently supports over $6 trillion in tokenized assets and processes about $280 billion in repo trades daily. The network is secured by more than 500 validators, including over 30 super validators.</p>
<p>Canton is backed by a heavyweight roster of institutions, including Microsoft, Goldman Sachs, BNP Paribas, Cboe Global Markets, Digital Asset, and Paxos. Recent months also saw HSBC and BNP Paribas join the Canton Foundation, which governs the network.</p>
<h2 id="header-2">Industry Leaders Weigh In</h2>
<p>Yuval Rooz, CEO of Digital Asset, stated that the integration enhances Canton’s resilience and governance, while Sergey Nazarov, co-founder of Chainlink, emphasized that it opens the door to large-scale financial applications that bridge traditional finance and DeFi.</p>
<p>This development comes as institutional blockchain adoption accelerates. Ripple and Securitize have recently launched tokenized fund settlement services for firms such as BlackRock and VanEck, while London-based Fnality has secured $136 million from major banks. Meanwhile, Kazakhstan’s central bank has begun testing a stablecoin on Solana with Mastercard.</p>
<h3 id="outlook">Outlook</h3>
<p><a href="https://cryptosnewss.com/chainlink-faces-supply-crunch-as-90-of-holders-stay-profitable/" rel="noopener noreferrer nofollow">Chainlink’s</a> entry into the Canton Network marks a pivotal moment for institutional blockchain growth. By combining global bank-backed tokenization infrastructure with decentralized oracle technology, the partnership may accelerate real-world adoption of blockchain in capital markets.</p>
<p>The post <a href="https://cryptosnewss.com/chainlink-joins-canton-network-backed-by-global-banks-and-6-trillion-in-assets/" rel="noopener noreferrer nofollow">Chainlink Joins Canton Network Backed by Global Banks and $6 Trillion in Assets</a> appeared first on <a href="https://www.google.co.in/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://cryptosnewss.com/&amp;ved=2ahUKEwiB77m-rqCNAxWFcGwGHdyUEXwQFnoECBMQAQ&amp;usg=AOvVaw3LdC3onMwB5PLEXBkcvU5M" rel="noopener noreferrer nofollow">CryptosNewss.com</a></p>

Chainlink Joins Canton Network Backed by Global Banks and $6 Trillion in Assets

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