Hanwha Investment & Securities Teams Up with Chainlink to Build Global Digital Asset Platform

Hanwha Investment & Securities said on October 30 that it had signed a strategic partnership with Chainlink, a blockchain data infrastructure company, to build a global digital asset platform.

Under the strategic partnership, Hanwha Investment & Securities has adopted Chainlink's "data standard technology" and "Cross-Chain Interoperability Protocol (CCIP)" as infrastructure for the digital asset platform it is building. Headquartered in the United States, Chainlink is a global infrastructure company that delivers real-time financial data to blockchain systems and connects different blockchains.

Hanwha Investment & Securities plans to tokenize high-quality real-world assets and distribute them in global markets, while building a foundation for verifying their value and using them as collateral. It also plans to provide an environment in which assets can move with a single connection, without requiring a separate integration for each network.

To implement the partnership, the two companies plan to form a working group and pursue the following initiatives: establishing institutional-grade on-chain infrastructure and custody integration systems that meet compliance and custody requirements; setting standards for valuation and reserve verification to support the use of real-world assets (RWAs) as collateral; and developing compliance and technical standards in line with the institutionalization of token securities in Korea.

"Chainlink is a key strategic partner in opening up a new financial market where high-quality assets are tokenized, issued and distributed in global markets, and used as collateral," said Inseong Ahn, vice president of the Digital Division at Hanwha Investment & Securities. "Through this partnership, Hanwha Investment & Securities will build an RWA market connecting Korea with the global market."

This content was produced with the assistance of AI translation services.