Infosys and Chainlink Unite to Bring On-Chain Finance to Institutional Markets
Infosys, a global IT company valued at over $40 billion, has partnered with Chainlink to expand on-chain finance. The partnership focuses on standardizing the adoption of the Chainlink platform across institutional finance.
The companies will work together to connect major financial institutions with on-chain markets using Chainlink's technology stack. This includes tools such as Cross-Chain Interoperability Protocol (CCIP), Chainlink Runtime Environment (CRE), and Automated Compliance Engine (ACE).
Infosys brings a strong reputation in the industry, having powered trust in financial services for over 40 years. The company has partnerships with eight of the ten largest investment banks.
The partnership aims to create a path for financial institutions to access on-chain markets using Chainlink's infrastructure. However, the immediate announcement does not disclose any capital moving on-chain.