Chainlink has officially expanded its blockchain integration by partnering with the Canton Network, an institutional blockchain supported by global banks and technology leaders. According to Cointelegraph, the integration aims to accelerate institutional adoption of blockchain technology by bringing advanced data services and interoperability solutions to the Canton ecosystem.
The collaboration introduces Chainlink’s services, including data streams, proof of reserve, NAVLink, and its cross-chain interoperability protocol (CCIP). The Canton Network has also joined the Chainlink Scale program, which helps manage oracle operating costs.
As part of the agreement, Chainlink Labs will act as a Canton Network “super validator,” ensuring consensus and interoperability by participating in the Global Synchronizer. Yuval Rooz, CEO of Digital Asset, emphasized that Chainlink’s role enhances governance, resilience, and innovation opportunities across both traditional and decentralized finance. Chainlink co-founder Sergey Nazarov highlighted that the partnership will enable large-scale real-world applications connecting traditional and decentralized capital markets.
Launched in May 2023, the Canton Network supports large-scale financial activities and tokenization, with backing from institutions such as Microsoft, Goldman Sachs, BNP Paribas, Cboe Global Markets, Digital Asset, and Paxos. Recently rebranded as the Canton Foundation, the network now oversees more than $6 trillion in tokenized assets and processes $280 billion in daily transactions, supported by over 500 validators and 30+ super validators.
This integration aligns with the broader trend of global institutions accelerating blockchain initiatives, including Ripple, Securitize, and Fnality, alongside central bank pilots like Kazakhstan’s tenge-backed stablecoin with Solana and Mastercard.