Overview
- SBI Digital Markets named Chainlink’s Cross-Chain Interoperability Protocol as its exclusive infrastructure for cross-chain operations, according to a Nov. 6 announcement.
- The integration is designed to let clients issue, settle, and trade tokenized securities across multiple public and permissioned blockchains.
- CCIP’s Private Transactions capability aims to keep trade, settlement, and order data out of public mempools to protect sensitive activity.
- SBI Digital Markets is assessing Chainlink’s Automated Compliance Engine to apply policy-based regulatory rules to on-chain transfers.
- The collaboration builds on Project Guardian pilots with UBS Asset Management, and it envisions private cross-border movement of tokenized funds, tangible assets, and stablecoins.