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<p><a href="https://x.com/chainlink" rel="noopener noreferrer nofollow">@chainlink</a> and LG CNS, the technology arm of LG Group, have announced a strategic partnership aimed at the infrastructure behind Korea's digital asset market. <a href="https://www.prnewswire.com/news-releases/chainlink-partners-with-lg-cns-to-power-koreas-digital-asset-market-302917379.html" rel="noopener noreferrer nofollow">According to a joint press release</a>, the deal was announced on Oct. 22, 2026, and covers a market the companies value at $68 billion.</p>
<h2 id="what-the-partnership-covers">What the partnership covers</h2>
<p><cite>The partnership brings the full Chainlink platform into LG CNS's ongoing work in building digital asset platform solutions for Korean institutions, and establishes a joint effort on technical standards underpinning Korea's digital asset economy.</cite><cite>LG CNS and Chainlink are also expanding the utility and distribution of Korean stablecoins, in a market with more than 11 million eligible users.</cite></p>
<p>Chainlink Labs Chief Business Officer Johann Eid said in the release that the combination of LG CNS's institutional expertise and Chainlink's technology standards <cite>establishes the foundation for compliant digital asset infrastructure in Korea.</cite></p>
<p>The announcement ties Chainlink to the LG CNS digital asset platform. <a href="https://genfinity.io/2026/10/22/chainlink-lg-cns-partnership-korea-project-hangang/" rel="noopener noreferrer nofollow">Genfinity noted</a> that the release names no launch dates, partner banks or target blockchains yet, and that it links Chainlink to the platform rather than to Project Hangang itself.</p>
<p>The tie-up follows an earlier agreement. <a href="https://www.koreatimes.co.kr/business/companies/20261006/lg-cns-unveils-blockchain-tech-to-help-banks-issue-stablecoins-tokens" rel="noopener noreferrer nofollow">The Korea Times reported</a> that when LG CNS launched its KITL blockchain infrastructure platform on Oct. 6, it also signed memorandums of understanding with Circle Internet Group, Securitize, Canton Foundation, Chainalysis and Chainlink.</p>
<h2 id="lg-cns-s-role-in-project-hangang">LG CNS's role in Project Hangang</h2>
<p>LG CNS is the lead contractor for the Bank of Korea's Project Hangang, a digital currency pilot. <cite>The company is responsible for building, operating and expanding the country's digital currency infrastructure, and the project's first phase involved approximately 80,000 customers across seven Korean banks.</cite></p>
<p>Participants in that phase used deposit tokens. <a href="https://genfinity.io/2026/10/22/chainlink-lg-cns-partnership-korea-project-hangang/" rel="noopener noreferrer nofollow">Genfinity reported</a> that these represent commercial bank deposits rather than a direct central bank liability.</p>
<p>LG Group is one of Korea's largest business groups, with approximately ₩186 trillion (about $140 billion) in assets across 63 affiliates. For Chainlink, the deal gives its data and cross-chain tools a route into a contractor already embedded in Korea's central bank digital currency work. Final Korean stablecoin rules are still pending, according to Genfinity, and are likely to shape which tokens institutions can move.</p>
<h2 id="sources">Sources</h2>
<p><a href="https://www.prnewswire.com/news-releases/chainlink-partners-with-lg-cns-to-power-koreas-digital-asset-market-302917379.html" rel="noopener noreferrer nofollow">PR Newswire: Chainlink Partners With LG CNS To Power Korea's Digital Asset Market</a><br><a href="https://www.koreatimes.co.kr/business/companies/20261006/lg-cns-unveils-blockchain-tech-to-help-banks-issue-stablecoins-tokens" rel="noopener noreferrer nofollow">The Korea Times: LG CNS unveils blockchain tech to help banks issue stablecoins, tokens</a><br><a href="https://genfinity.io/2026/10/22/chainlink-lg-cns-partnership-korea-project-hangang/" rel="noopener noreferrer nofollow">Genfinity: Chainlink LG CNS Partnership and Project Hangang</a></p>

LG Group’s tech arm brings Chainlink into Korea’s digital money push

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