Chainlink partners with Japan’s SBI Group, focusing on DeFi use cases

Source Fxstreet
  • Chainlink announced a partnership with Japan’s SBI Group conglomerate with $200 billion in assets. 
  • The partnership will focus on tokenizing RWAs, funds, stocks, and other DeFi use cases such as stablecoins.
  • The Japanese financial giant has over $200 billion in assets.

Chainlink (LINK) edges higher by over 1% at press time on Monday with the announcement of securing a partnership with Japan’s financial conglomerate SBI Group. The firm, with over $200 billion in assets, will focus on decentralized finance (DeFi) product offerings. 

Furthermore, the Chainlink network continues to experience heightened activity, with the LINK supply in profit remaining elevated. 

Chainlink and SBI Group in new venture

Chainlink and SBI Group have entered into a new partnership, following the successful delivery of an automated fund administration and transfer agency solution for the Monetary Authority of Singapore's (MAS) Project Guardian, alongside UBS Asset Management. 

The Oracle network-financial firm partnership will focus on DeFi use cases, including stablecoins and tokenized stocks, funds, and other real-world assets (RWAs), such as bonds and real estate. To tap into the DeFi world, SBI Group will leverage Chainlink’s Cross-Chain Interoperability Protocol (CCIP), SmartData (NAV), and Proof of Reserve to unlock secondary market liquidity. 

Yoshitaka Kitao, Representative Director, Chairman, President & CEO of SBI Holdings, stated:

“Chainlink is a natural partner for SBI, complementing our financial footprint with their market-leading interoperability and reliability on-chain. With our combined strengths, we are delighted to be working together on developing groundbreaking, secure, compliance-focused solutions, including powering compliant cross-border transactions using stablecoins, that accelerate the widespread adoption of digital assets in Japan and the region.”

https://x.com/chainlink/status/1959799655212167283

Chainlink on-chain data reflect optimism

Santiment data shows the supply of LINK token in profit (bought at a price lower than the current market value) is at 95.04%, up from 80.57% on August 1. Typically, elevated levels of supply in profit indicate increased investor confidence and an uptrend in motion. 

LINK supply in profit. Source: Santiment

Amid the risk-on sentiment, network activity on Chainlink remains at higher levels compared to the slump from March to July. The daily active addresses maintained an average of 7,797 last week, the highest in 2025. 

Daily active addresses. Source: Santiment

Still, the large-wallet investors, popularly known as whales, offload their holdings, reaching a record low of 539.07 million LINK tokens on August 18. At present, it stands at 539.62 million tokens. 

LINK supply held by whales. Source: Santiment

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold price holds above $3,200; bullish bias remains amid trade uncertaintyGold price (XAU/USD) attracts some dip-buyers following the previous day's modest pullback from the record high and trades comfortably above the $3,200 mark during the Asian session on Tuesday.
Author  FXStreet
4 Month 15 Day Tue
Gold price (XAU/USD) attracts some dip-buyers following the previous day's modest pullback from the record high and trades comfortably above the $3,200 mark during the Asian session on Tuesday.
placeholder
Bitcoin Moving With Stocks, But Ethereum’s Correlation Is FadingBitcoin has been showing notable correlation to the stock equities recently, but data shows Ethereum is charting a more independent path. Bitcoin & Ethereum Showing Different Degrees Of
Author  NewsBTC
7 Month 10 Day Thu
Bitcoin has been showing notable correlation to the stock equities recently, but data shows Ethereum is charting a more independent path. Bitcoin & Ethereum Showing Different Degrees Of
placeholder
Ripple’s $21 Trillion Dream: What Capturing 20% Of SWIFT Volume Means For XRPRipple Labs, a crypto payments company, continues to set its ambitions and those of XRP higher than ever as it edges closer to disrupting the global financial messaging giant SWIFT. After Ripple CEO
Author  NewsBTC
7 Month 14 Day Mon
Ripple Labs, a crypto payments company, continues to set its ambitions and those of XRP higher than ever as it edges closer to disrupting the global financial messaging giant SWIFT. After Ripple CEO
placeholder
OpenAI Introduces Lowest-Cost ChatGPT Subscription in India with UPI Payment OptionOn Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
Author  Mitrade
8 Month 19 Day Tue
On Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
placeholder
Bitcoin Dips Below $113K Near Six-Week Low Despite Federal Reserve Cut ExpectationsBitcoin dipped beneath the $113,000 mark on Monday, wiping out the strong rally sparked by Federal Reserve Chair Jerome Powell’s dovish comments.
Author  Mitrade
1 hour ago
Bitcoin dipped beneath the $113,000 mark on Monday, wiping out the strong rally sparked by Federal Reserve Chair Jerome Powell’s dovish comments.
Related Instrument
goTop
quote