Overview
- Chainlink and Anchorage announced CustodySync on Oct. 26, 2026, with Anchorage Digital Bank serving as the launch partner to pilot the custody-to‑DeFi workflow.
- CustodySync represents assets held by a custodian onchain through Proof of Reserve and transfer‑restricted receipt tokens that do not create outside claims on the underlying assets.
- Chainlink’s Runtime Environment and Data Feeds/Data Streams synchronize prices, balances and authorized actions so lending markets and custodial systems use the same values for margin checks and liquidations.
- Appointed collateral agents run sales when positions hit liquidation thresholds and CustodySync records committed sale proceeds onchain before the custodian completes final settlement.
- Anchorage will use its Atlas collateral-management framework for the initial deployment, a step that could let institutions access a large pool of custodied crypto for DeFi loans while keeping regulated custody controls and documented liquidation rules in place.