Hong Kong Gold Exchange, the world's fourth-largest gold trading venue by volume, is using Chainlink CCIP to take its gold-backed GoldZip (XGZ) token cross-chain. Each token is backed by vaulted physical gold, and the integration runs through Midas Labs.
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Chainlink introduced CustodySync, which lets institutions borrow from DeFi lending markets against assets that stay with a qualified custodian. Anchorage Digital Bank is the launch partner, and Chainlink supplies matching prices to both the custody system and the onchain market.
LINK traded around $11.36 after the CustodySync launch, staying below $12 resistance as the broader crypto market weakened ahead of the Federal Reserve decision. Derivatives volume rose, while LINK ETFs saw no net inflows.
At Sibos 2026, Chainlink co-founder Sergey Nazarov joined Microsoft's Martin Moeller and Parallax Ventures' Azor Barros to discuss AI's growing role in payments. The panel covered how AI will reshape the global financial system.
LG CNS, the technology arm of LG Group that leads the Bank of Korea's Project Hangang digital currency platform, has partnered with Chainlink. The two aim to build regulated solutions for Korea's $70 billion digital asset market.
