Anonymous
ID: Elc3e1ud
6/12/2025, 8:07:01 PM No.60496259
>We're very heavily covering the US insitutions in addition to continuing to cover those in Asia and the Middle East. So I can't mention exact name because they wanna wait to announce, they have all those processes with NDAs and, you know, it's a very tightly controlled process. But, I would say between last year and this year we're in various stages of conversations with probably all the top institutions in those geographies.
>I think that those top institutions basically want to use the solution that solves all their problems, is used by the other top tier banks and players, has all the functionality they want, whether that's identity, data, connectivity orchestration... and there really is no system other than Chainlink that meets that high standard.
>The key challenge now is going to be making sure that the system can scalably meet all the demand of all the asset managers, banks, financial market infrastructures. And as it meets all of their individual demand, that it weaves them together to transact with each other over CCIP, orchestrated by CRE, using Chainlink data, utilizing Chainlink compliance systems and contracts and identity oracles. So, there's 2 challenges; servicing the demand we already have, and servicing it in a way where anyone who joins the Chainlink standard's way of doing capital market transactions enters a big network of the world's top institutions. And they can all be on different chains, different jurisdictions, and they can all have different compliance requirements, but they can transact with each other. You can be a SWISS bank like UBS and be able to transact with an Australian bank like ENZ using a tokenized fund from a US institution. And all of that can seamlessly flow across multiple chains, interacting with multiple pieces of data, complying with different regulatory regimes. That's what we're stitching together.
>I think that those top institutions basically want to use the solution that solves all their problems, is used by the other top tier banks and players, has all the functionality they want, whether that's identity, data, connectivity orchestration... and there really is no system other than Chainlink that meets that high standard.
>The key challenge now is going to be making sure that the system can scalably meet all the demand of all the asset managers, banks, financial market infrastructures. And as it meets all of their individual demand, that it weaves them together to transact with each other over CCIP, orchestrated by CRE, using Chainlink data, utilizing Chainlink compliance systems and contracts and identity oracles. So, there's 2 challenges; servicing the demand we already have, and servicing it in a way where anyone who joins the Chainlink standard's way of doing capital market transactions enters a big network of the world's top institutions. And they can all be on different chains, different jurisdictions, and they can all have different compliance requirements, but they can transact with each other. You can be a SWISS bank like UBS and be able to transact with an Australian bank like ENZ using a tokenized fund from a US institution. And all of that can seamlessly flow across multiple chains, interacting with multiple pieces of data, complying with different regulatory regimes. That's what we're stitching together.
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