The Canton Network, a blockchain designed specifically for institutional finance, has entered into a strategic partnership with Chainlink, an industry-leading oracle platform. This collaboration marks a significant advancement as Canton joins the Chainlink Scale program, integrating essential services such as Chainlink Data Streams, SmartData solutions—including Proof of Reserve and NAVLink—and the Cross-Chain Interoperability Protocol (CCIP). This integration will grant institutional participants in the Canton ecosystem access to infrastructure that secures over $100 billion in decentralized finance and supports transactions valued at more than $25 trillion.
In a notable development, Chainlink Labs will participate in the Canton Network as a Super Validator, functioning as a multi-component node that encompasses both a Validator and a Canton Synchronizer node. This role will play a vital part in the Global Synchronizer, contributing directly to Canton’s consensus and governance mechanisms, ultimately enhancing the network’s operational resilience. Financial institutions leveraging Canton will now benefit from robust, industry-standard data feeds and cross-chain infrastructure specifically tailored for institutional use.
Sergey Nazarov, Co-Founder of Chainlink, expressed enthusiasm about the partnership, stating, “I’m very excited that the Canton Network has chosen Chainlink to power secure data and cross-chain interoperability across their institutional ecosystem. Canton’s leadership in privacy and compliance makes them a key driver of institutional blockchain adoption, and this collaboration combines those strengths with Chainlink’s proven infrastructure. Together, we’re enabling large-scale real-world use cases and accelerating the convergence of traditional and decentralized capital markets.”
This partnership bolsters Canton’s position as a leader in institutional blockchain adoption. The network currently supports more than $6 trillion in on-chain real-world assets and processes $280 billion in repos daily, managed by 500 validators and over 30 super validators. By integrating Chainlink’s cost-efficient services, Canton can cover operating expenses for oracle nodes, ensuring reliable and transparent data for its participants.
Furthermore, the collaboration enhances the infrastructure for tokenized assets, stablecoins, payments, and digital identity solutions on the Canton Network. The integration with Chainlink broadens interoperability and strengthens resilience, essential features for a blockchain focused on heavily regulated financial markets. Institutions on Canton will benefit from Chainlink’s suite of data and interoperability services, paving the way for innovative financial products and cross-chain opportunities.
Yuval Rooz, CEO of Digital Asset, highlighted the partnership’s broader implications, noting, “As one of the most recognized leaders in decentralized services, Chainlink’s commitment to the Canton Network represents an important milestone in expanding the connectivity of capital markets. By bringing its community and solutions to Canton, Chainlink not only strengthens our governance and resilience, but also broadens the opportunities for innovators across traditional and decentralized finance.”
The decision to incorporate Chainlink comes amid growing demand among shared institutional partners, many of whom are actively exploring tokenized and on-chain assets. With Chainlink’s tools now at their disposal, developers and institutions are equipped to create scalable, secure, and compliant solutions that unify traditional and decentralized capital markets. From enabling cross-chain settlements to facilitating automated compliance reporting, the prospects unlocked by this partnership are expected to drive blockchain adoption in regulated financial services.
This partnership aligns with Chainlink Labs’ recent entry into the Global Synchronizer Foundation (GSF), which oversees the interoperability framework of the Canton Network. Together, these efforts are positioning Canton as a premier blockchain ecosystem for connecting global institutions to decentralized financial infrastructure. By leveraging Canton’s regulatory strengths and privacy features in tandem with Chainlink’s data and interoperability capabilities, this collaboration lays a robust foundation for accelerating real-world blockchain adoption in finance.
As the Canton Network integrates world-class institutions and Chainlink solidifies its role as a core infrastructure provider, this strategic partnership exemplifies the increasing convergence of traditional finance (TradFi) and decentralized finance (DeFi). It illustrates how leading entities can work together to create compliant, resilient, and scalable blockchain solutions for the global capital markets.
For investors and market participants, Canton’s integration of Chainlink via the Scale program signifies a pivotal advancement in merging TradFi and DeFi, unlocking new avenues for tokenized assets and regulated blockchain innovation.
