Insights from Sibos: Global Finance Is Entering Its Onchain Era

Global finance is entering a new chapter where traditional and decentralized systems are converging into a single system that offers unparalleled global accessibility in 24/7/365 markets, higher levels of transparency, and increased resilience to systemic risk.

At Swift’s Sibos conference last week, this new world of institutional tokenization was at the center of every conversation. As part of this major shift, Chainlink had several key announcements in partnership with leading financial institutions, including: 

• An industry-wide corporate actions initiative led by Chainlink involving Swift, DTCC, Euroclear, and others, to validate and deliver corporate actions data with unified golden records.
• A landmark technical solution using the Chainlink Runtime Environment (CRE) to manage tokenized fund workflows via Swift messaging, in collaboration with UBS.
• The launch of DataLink with Deutsche Börse Group to publish its multi-asset market data onchain for the first time.
• The introduction of a Digital Transfer Agent (DTA) technical standard defining how transfer agents and fund admins can securely expand their operations onchain while remaining aligned with existing regulatory frameworks.
• The next phase of our strategic partnership with GLEIF is bringing an interoperable, institutional-grade identity solution to the digital asset industry. 

I look forward to seeing you at Chainlink SmartCon in NYC, where these industry milestones and important conversations will continue. This year’s SmartCon is set to be our biggest yet, showcasing how traditional and tokenized finance are coming together to shape the future of digital assets. Explore the agenda—new sessions are added daily.

—Fernando Vazquez, President, Capital Markets, Chainlink Labs

Sibos Frankfurt Recap 

“The digital asset industry and the finance industry are going to become one big industry. That's what’s going to happen next.”—Sergey Nazarov, Chainlink Co-Founder, Keynote Speech at Sibos 2025

“This is the furthest we’ve ever been in trying to [solve corporate actions], and it’s thanks to the work that Chainlink has done in bringing together the leadership and using your data-savvy approaches to all of that.”—Nadine Chakar, Global Head of DTCC Digital Assets at Sibos 2025

“...TCP/IP came along and basically standardized the languaging and messaging protocols across the internet, and I think we are at the cusp of a similar transition for the financial industry with blockchains.”—Abeetha Pitigala, Digital Asset Lead, Goldman Sachs at Sibos 2025

"Swift is starting to really ramp up its adoption of blockchain technology, oracle networks, [and] smart contracts."—Sergey Nazarov, Chainlink Co-Founder with Global Custodian at Sibos

Featured Article

Sibos 2025: The Future of Digital Assets in Capital Markets | Highlights, Coverage, and More

At Swift’s Sibos conference last week, Chainlink announced major advancements in onchain finance, including transforming the validation and delivery of corporate actions data, unveiling a landmark technical solution with Swift and UBS to enable tokenized fund workflows, and introducing the Chainlink Digital Transfer Agent (DTA) standard to help transfer agents and fund administrators securely expand their operations onchain.

Read the recap blog for a breakdown of the week’s biggest moments, including major announcements, product launches, and presentations that show Chainlink is bringing global finance onchain.

Sibos 2025 Recap

SmartCon 2025

Join us in New York City on November 4–5 to hear panel discussions on key topics featuring top global financial institutions, as well as to learn how Chainlink solutions can be applied to unlock specific use cases in the banking and asset management industries. Thank you to our sponsors.

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Digital Asset Industry Reports 

“Chainlink, together with 24 of the world’s largest financial market infrastructures and institutions, including Swift, DTCC, and Euroclear, is establishing a new, unified infrastructure for streamlining corporate actions processing.”—Unified Asset Servicing With Chainlink, Blockchains, and AI

“As there are more onchain places to post collateral, the value of 24x7/365 collateral mobility will become readily apparent...The posting of this collateral 24x7/365 requires certain key standards and technologies—both data going onchain and interoperability across chains to move the collateral from one chain to another.”—Sergey Nazarov, Co-Founder of Chainlink, in Citi’s The Future of Post-Trade

Digital Assets in the News

1. Chainlink, UBS, and Swift advance $100T Fund Industry Tokenization

With the Chainlink Runtime Environment and Swift workflows, UBS processed fund subscriptions and redemptions for a tokenized fund using their existing systems and ISO 20022 messages. (CoinDesk)

2. Sibos 2025: DeFi expected to take over financial ecosystem

Blockchains, stablecoins, and tokenization were recurring themes at this year's Sibos. While cryptocurrencies are not new, recent DeFi developments are taking the financial sector by storm. (Finextra)

3. CME Group to launch 24/7 cryptocurrency derivative trading in 2026

In 2026, the CME Globex Platform will offer around-the-clock crypto futures and options trading in response to increased demand from market participants to manage crypto exposure outside of traditional market hours. (LedgerInsights)

4. Swift to add blockchain-based ledger in collaboration with 30 financial institutions

Swift announced plans to integrate a blockchain-based shared ledger into its infrastructure with a focus on real-time, 24/7 cross-border payments. (YahooFinance)

5. Stripe unveils new blockchain for stablecoin payments

Tempo, incubated by Stripe, is an independent company developing a payments-focused blockchain optimized for scalable real-world financial applications. (Finextra)

6. MENA banks pen strategic collaboration agreements with Chainlink

Saudi Awwal Bank (SAB) and Zand Bank will leverage the Chainlink platform to facilitate the deployment of next-generation onchain applications. (Finextra)

7. Canton Network joins Chainlink Scale program 

Through this partnership, Canton Network is integrating multiple Chainlink services. Chainlink Labs will also join the Canton Network as a Super Validator, becoming a key participant in the Global Synchronizer. (Canton)

8. Chainlink and GLEIF win Swift Hackathon Business Challenge

Chainlink and GLEIF worked together to build universal credentials that are reusable across blockchains and existing systems using the Chainlink Runtime Environment. This onchain identity solution won the Swift Hackathon Business Challenge. (Swift)