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Home»Altcoins»Chainlink Labs Joins GSF To Power Institutional Blockchain
Altcoins

Chainlink Labs Joins GSF To Power Institutional Blockchain

NBTCBy NBTC19/06/2025No Comments3 Mins Read
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  • Chainlink Labs joins Global Synchronizer Foundation to shape the future of institutional-grade interoperable blockchain applications.
  • Chainlink’s tech supports UBS, MAS, and SBI in tokenizing traditional funds into blockchain-based digital assets.

Chainlink has officially joined the Global Synchronizer Foundation (GSF), the organization behind the interoperability layer of the Canton Network. For those who are not familiar with it, the Canton Network can be thought of as a cross-network coordination system—a sort of ‘secret bridge’ for financial institutions looking to transact between blockchains without sacrificing privacy or regulatory compliance.

Chainlink’s entry into the GSF is more than just a formality. It means they will be helping to guide the technical direction, strategy, and even standard-setting of how blockchains can work seamlessly together across large institutions.

More than that, Chainlink will also help manage the long-term infrastructure governance within the Canton ecosystem. The impression that emerges? They are not just guests, but one of its main architects.

We’re excited to share that @chainlinklabs has joined the @GlobalSyncFdn, the governance body supporting the Global Synchronizer—the interoperability layer of the @CantonNetwork.

We look forward to working alongside fellow foundation members such as Broadridge, Cumberland,… pic.twitter.com/DVLUuABqyB

— Chainlink (@chainlink) June 5, 2025

From Wall Street to Blockchain, Chainlink Makes It Work

On the other hand, the CNF has previously highlighted how Chainlink, through its decentralized oracle technology, has played a significant role in automating the management of digital funds. This is no fantasy—large organizations like UBS, SBI Digital Markets, and even monetary authorities like Singapore’s MAS have used Chainlink’s solutions in the process of tokenizing funds.

Tokenization simply converts ownership of shares in traditional investment assets into digital tokens. The result? Assets can be traded faster, more efficiently, maybe even while sipping coffee. A process that was once the preserve of a handful of insiders is now opening up to more players via blockchain, and Chainlink is in the middle of it.

Furthermore, earlier this June Chainlink was also listed as one of the six Ethereum projects with the highest development activity. This means that even though the market is sometimes volatile, its developers are still building hard. That is a strong indication that this ecosystem is still growing, not just for momentary hype.

Enter Solana, Launch SyrupUSDC

However, Chainlink’s breakthroughs don’t stop there. Maple Finance recently announced the launch of syrupUSDC, a stablecoin with investment returns, on the Solana network. Behind the success of this launch, there is support from Chainlink via the CCIP (Cross-Chain Interoperability Protocol) protocol that allows cross-network asset transfers, from Ethereum to Solana and vice versa.

Not only that, Maple also injected $30 million in liquidity plus $500,000 in incentives to support its launch. SyrupUSDC is planned to be available on platforms such as Kamino and Orca, with a fixed yield of around 6.5%.

Steps like this show that Chainlink is not only diligent in establishing partnerships, but also actively presenting real impacts in the field. Their involvement in the GSF has the potential to strengthen their position as a key link between the traditional financial world and the emerging decentralized system.

Meanwhile, as of press time, LINK is swapped hands at about $13.19, down 4.17% over the last 24 hours and corrected 8.96% over the last 7 days.


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