Nikolas Sargeant
Chainlink announced on Tuesday via X that InfoSys, the $40B+ global IT leader, is entering a strategic partnership with Chainlink to accelerate institutional onchain finance.
Infosys supports critical banking and payments infrastructure for more than 1.7 billion customer accounts worldwide and is now standardizing the adoption of the Chainlink platform:
• Cross-Chain Interoperability Protocol (CCIP)
• Chainlink Runtime Environment (CRE)
• Automated Compliance Engine (ACE)
• Proof of Reserve
• Data Streams
• Data Feeds
Together, Infosys and Chainlink are creating a path to connect the world’s largest financial institutions to onchain markets.
Chainlink is powered by the LINK token, which is used to pay for platform services and secure the network’s proper functioning. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
Chainlink is at the forefront of financial innovation and the global tokenization trend. Traditional financial institutions and infrastructure, such as SWIFT, DTCC, Euroclear, J.P. Morgan, Mastercard, the Central Bank of Brazil, UBS, SBI, Fidelity International, ANZ, and many others, are adopting Chainlink as a fundamental infrastructure as they move toward tokenizing trillions onchain. Demand for Chainlink has already generated hundreds of millions of dollars in revenue across a variety of traditional and decentralized use cases.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up 0.3% over the past 24 hours, trading at $12.93.
