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
Solana Price Forecast: SOL eyes record highs as institutional demand, on-chain metrics underpin rallySolana (SOL) price trades in green, above $242 at the time of writing on Monday, after breaking out of a parallel channel last week with bulls aiming for record highs.
Author  FXStreet
Sep 15, Mon
Solana (SOL) price trades in green, above $242 at the time of writing on Monday, after breaking out of a parallel channel last week with bulls aiming for record highs.
placeholder
Top 3 Price Prediction: BTC steadies, ETH finds support, XRP breaks bullish pattern Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) hover around key levels after recovering by nearly 4%, 7%, and 6%, respectively, last week.
Author  FXStreet
Sep 15, Mon
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) hover around key levels after recovering by nearly 4%, 7%, and 6%, respectively, last week.
placeholder
Gold sits near record high as Fed rate cut bets keep USD depressedGold (XAU/USD) retreats slightly after touching a fresh record high, around the $3,689-3,690 region during the Asian session on Tuesday, amid some repositioning trade ahead of key central bank events.
Author  FXStreet
Yesterday 05: 56
Gold (XAU/USD) retreats slightly after touching a fresh record high, around the $3,689-3,690 region during the Asian session on Tuesday, amid some repositioning trade ahead of key central bank events.
placeholder
USD/CHF slumps to near 0.7900 as Fed dovish bets weigh on US DollarThe USD/CHF pair falls sharply to near 0.7915 during the European trading session on Tuesday.
Author  FXStreet
Yesterday 08: 28
The USD/CHF pair falls sharply to near 0.7915 during the European trading session on Tuesday.
placeholder
Forex Today: US Dollar remains weak pre-Fed, Gold hits new record-highThe US Dollar (USD) stays under modest bearish pressure early Tuesday as investors adjust their positions ahead of the Federal Reserve's critical two-day policy meeting.
Author  FXStreet
Yesterday 08: 36
The US Dollar (USD) stays under modest bearish pressure early Tuesday as investors adjust their positions ahead of the Federal Reserve's critical two-day policy meeting.
Related Instrument
goTop
quote