Chainlink executive: Chainlink Labs is guiding major financial institutions to adopt blockchain technology and tokenization

According to Niki Ariyasinghe, the director of business development for Chainlink in the Asia-Pacific and Middle East regions, Chainlink Labs is leading major financial institutions to adopt blockchain technology and tokenization. This work is already underway. Ariyasinghe stated that the move towards tokenization is not speculative and has already been fully launched.

Ariyasinghe also mentioned that the application of blockchain in real-world transactions is already underway, citing Broadridge as an example. The company has launched a blockchain-based repo platform that processes over $70 billion in transactions daily. These platforms demonstrate the practical impact of blockchain technology and indicate that future real-world assets (RWA) will increasingly digitize in various vertical fields.

Ariyasinghe stated that more than 40 institutions worldwide are partnering with Chainlink Labs, focusing on real-time transactions with true value on the blockchain. These include financial giants such as Goldman Sachs, Citigroup, and HSBC, which are actively developing tokenization platforms in preparation for future opportunities. It is also expected that transactions in specific industries will increase in the coming years, leading to a significant shift towards blockchain platforms. (CryptoSlate)