Infosys, a global IT leader with over $40 billion in market cap, announced a strategic partnership with industry-standard oracle platform, Chainlink, to accelerate institutional adoption of digital assets, tokenized real-world assets (RWAs), and onchain finance.
Infosys’ banking infrastructure, which connects more than 1.7 billion customer accounts to blockchain networks, will standardize the adoption of Chainlink’s essential tokenization stack, including Data Feeds, Data Streams, Proof of Reserve, Cross-Chain Interoperability Protocol (CCIP), Automated Compliance Engine (ACE), and the Chainlink Runtime Environment (CRE).
The Chainlink platform, which has enabled over $34 trillion in transaction value, provides institutions with the compliance, liquidity, and reliable data needed to develop secure onchain financial products at scale, without having to abandon or retool their existing systems.
As the only oracle platform to meet ISO 27001 and SOC 2 Type 2 institutional security standards, Chainlink unlocks an $867 trillion market opportunity for RWAs from cash to foreign currencies, money market funds, equities, and consumer credit. The platform has already been adopted by top DeFi protocols and well as major financial institutions and market infrastructures, including Swift, Euroclear, Mastercard, Fidelity International, and UBS.
Chainlink has made significant strides in connecting institutions to the onchain economy this month. Last week, top three Swift service provider Bottomline launched Global Pay Connect, an onchain payment connectivity platform for over 600 banks, powered by Chainlink CCIP and CRE.
Decentralized data warehouse Space and Time recently adopted Chainlink’s privacy standard to power custom onchain credit vaults that allow lenders to cryptographically verify collateral held on private venues without the borrower’s identity or raw positions ever being exposed.
The Wyoming Stable Token Commission also adopted Proof of Reserve for Frontier Stable Token (FRNT), the first sovereign stable token issued in the United States, setting a new bar for digital assets, DEXs, and crypto ETFs to exceed federal requirements laid out by the GENIUS Act.