SBI Partners with Chainlink to Improve Digital Asset Transfers

SBI Digital Markets has partnered with Chainlink (LINK) to use the platform’s technology to make it easier and safer to move digital assets across different financial systems. 

This is poised to improve the connection between traditional finance and decentralized finance (DeFi). As this news spread, Chainlink’s price stayed steady above the $14 mark, showing both market recovery and investor confidence.

SBI and UBS Use Chainlink to Boost Blockchain Adoption

SBI Digital Markets, a part of Japan’s SBI Group, has chosen Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as its main blockchain infrastructure. 

This move will help connect regulated financial markets with blockchain networks, allowing smooth and secure token transfers. It also shows SBI’s growing trust in blockchain technology as part of its digital finance strategy.

UBS, another global financial leader, has also used Chainlink’s system for a live blockchain deal. The bank completed its first transaction using the Digital Transfer Agent (DTA) standard powered by Chainlink.

The transaction tokenized a fund called uMINT in partnership with DigiFT, a licensed on-chain fund platform.

Chainlink Expands Influence Across Major Blockchain Networks

Chainlink’s presence in the blockchain world keeps growing. This comes as the oracle network has continued to build trust among institutions through partnerships and compliance programs in Bermuda and Japan. 

In another major step, S&P Global has also partnered with Chainlink to bring its Stablecoin Stability Assessments (SSAs) onchain. This partnership links traditional finance with DeFi, allowing blockchains to access reliable financial data safely.

The partnership with SBI adds to this progress, marking another major step in expanding blockchain use in global finance. Additionally, Stellar, a blockchain payment platform has partnered with Chainlink to support DeFi growth and real-world asset (RWA) innovation on its network.

These projects show that more financial firms and blockchain projects view Chainlink as a reliable bridge between traditional finance and DeFi. 

Chainlink Price Gains Amid Market Recovery

Onchain report shows that the coin is showing steady performance. This comes at the Relative Strength Index (RSI) is at 38, signaling recovery from earlier lows and growing buying interest.

Reportedly, the MACD indicator has also moved above its signal line, often an early sign that prices may rise. Although both indicators are still below zero, they show that market sentiment toward Chainlink is becoming more positive. 

At the time of writing, Chainlink’s price is trading at  $14.99, up by 1% in the last 24 hours, according to  CoinMarketCap data. A breakout above $17 could drive LINK toward $20, marking a possible 33% gain.

Also, the broader crypto market also improved slightly, with total market value up by 1.37% after a weak week. Bitcoin (BTC) traded above $103,000, Ethereum (ETH) stayed near $3,300, and XRP made small gains after Ripple shared its plans for 2026.