Chainlink Adds 10 New Integrations Including Bermuda’s Central Bank and State Street

Chainlink recently announced 10 new integrations across 6 services and 14 chains. The latest partnerships include sovereign regulators, institutional asset managers, BTCFi protocols, and emerging L2 liquidity layers.

The recent integrations with Bermuda Monetary Authority, Galaxy, KelpDAO, Re, State Street Investment Management, Solv Protocol, and Tydro demonstrate the widespread adoption of Chainlink as the industry standard.

Bermuda’s Central Bank Embraces Blockchain

The Bermuda Monetary Authority serves as Bermuda’s primary financial regulator, overseeing banks, insurers, and crypto businesses. It also manages the country’s national currency and regulates major crypto exchanges under Bermuda’s Virtual Asset Service Providers framework.

By integrating Chainlink, a central bank is embracing the same infrastructure used by DeFi protocols, showcasing the convergence of traditional regulatory systems with crypto-native technologies.

State Street and Galaxy Lead Institutional Adoption

State Street Investment Management and Galaxy are at the forefront of institutional adoption. State Street is launching on-chain cash and tokenized funds through the SWEEP fund, while Galaxy offers a range of digital asset services for institutional clients.

Integrating Chainlink reinforces the credibility and reliability of institutional crypto infrastructure.

KelpDAO and Solv Drive DeFi Innovation

KelpDAO and Solv Protocol are pioneering DeFi-native solutions with their liquid restaking and tokenized Bitcoin offerings. The integration of Chainlink adds a crucial data layer to enhance the security and functionality of these platforms.

Re and Tydro Expand On-Chain Capabilities

Re and Tydro are leveraging Chainlink to enhance their on-chain capital and liquidity protocols. By incorporating reliable off-chain data, these platforms are able to bridge traditional finance with Web3 infrastructure seamlessly.

Conclusion

Chainlink’s recent integrations highlight its growing presence across various sectors, from central banks to DeFi protocols. The convergence of traditional and crypto-native systems underscores the importance of reliable data infrastructure in the digital economy.

As more institutions and protocols adopt Chainlink, the vision of ” $LINK everything” becomes a tangible reality in the blockchain ecosystem.