Chainlink August Updates: Enterprise Adoption, U.S. Partnerships and More

Chainlink Expands Capabilities in August

Chainlink introduced several major updates in August 2025, including a new pricing model for DeFi, a cross-chain tokenized gold asset, and new partnerships with institutions and regulators. 

The highlights include Chainlink State Pricing, oXAUt gold tokenization, the Chainlink Reserve, and official U.S. government macroeconomic data made available onchain.

These changes strengthen Chainlink’s role as a core piece of blockchain infrastructure, connecting decentralized applications (dApps), financial institutions, and traditional markets.

Bitwise Files for First U.S. Chainlink ETF

Bitwise Asset Management submitted an S-1 to the U.S. Securities and Exchange Commission (SEC) to launch a spot Chainlink ETF on Aug, 27. If approved, it would be the first U.S.-listed investment product tracking LINK directly.

• Custody would be provided by Coinbase Custody Trust Company.
• The ETF would allow in-kind creation and redemption, improving efficiency.
• Shares would trade on a national exchange under a ticker yet to be announced.

U.S. Government Data Onchain

The U.S. Department of Commerce partnered with Chainlink to publish macroeconomic data from the Bureau of Economic Analysis (BEA) onchain. Datasets include:

• Real GDP
• Personal Consumption Expenditures (PCE) Price Index
• Real Final Sales to Private Domestic Purchasers

These feeds, available on Ethereum, Arbitrum, Base, and other blockchains, give developers access to official economic indicators for DeFi risk tools, tokenized assets, and prediction markets.

The Chainlink Endgame

Chainlink outlined its long-term vision in a paper called the Chainlink Endgame, describing its role as a unifying layer for blockchains and external systems—similar to how TCP/IP standardized the Internet.

The strategy focuses on four open standards:

• Data delivery
• Interoperability
• Compliance
• Privacy

The Chainlink Runtime Environment (CRE) allows modular oracle services to be combined into complete, end-to-end applications. Institutions including Swift, Euroclear, UBS, and Aave already rely on Chainlink infrastructure, which holds multiple compliance certifications such as ISO 27001 and SOC 2 Type 1.

Chainlink State Pricing Goes Live

Chainlink launched State Pricing on mainnet on Aug. 3, a pricing method designed for assets that primarily trade on decentralized exchanges (DEXs) with little activity on centralized exchanges (CEXs).

Unlike earlier methods based on trade volume or order books, State Pricing uses liquidity reserves from DEX pools to calculate a token’s value. This approach works well for:

• Liquid staking tokens (LSTs): such as wstETH
• Liquid restaking tokens (LRTs): including ezETH
• Tokenized real-world assets (RWAs): like tBTC and cbBTC

How State Pricing Works

1. Pool Selection and Weighting: Liquidity pools are screened by depth and activity, then weighted by both historical volume and current liquidity.
2. Computation: Prices are calculated using token reserves at the end of each block, reducing exposure to flash loan manipulation.
3. Aggregation: Multiple data points are filtered and updated once per second.

Adoption by DeFi Protocols

• GMX uses State Pricing for collateral in its perpetual DEX.
• Lido applies it to wstETH.
• Aave integrates it for collateral and liquidation pricing.
• Curve provides liquidity data as a key input.

This model provides more accurate, continuous pricing for tokens with deep liquidity but low trading activity, improving collateral reliability across DeFi.

oXAUt: Tokenized Gold Across Chains

Chainlink also enabled the launch of oXAUt, a multichain-compatible version of Tether Gold (XAUt) on Aug. 4. Each oXAUt token is backed 1:1 by gold bars stored in Swiss vaults, but unlike the original XAUt, it can move freely across supported blockchains.

Key Features of oXAUt

• Backed by Tether’s physical gold reserves.
• Fractional and portable for DeFi use.
• Built on Chainlink CCIP and Hyperlane for secure cross-chain transfers.
• Provides consistent pricing across chains, solving liquidity fragmentation.

Why It Matters

In the past, wrapped gold tokens were fragmented across ecosystems, creating liquidity silos and pricing gaps. With oXAUt, users interact with the same version of the token across Ethereum, World Chain, and other Superchain networks, simplifying DeFi integration.

Chainlink Reserve and Payment Abstraction

Another August development was the launch of the Chainlink Reserve, an on-chain reserve holding LINK tokens funded by service fees.

• Already holds over $4.4 million in LINK.
• Funded by Payment Abstraction, which converts service fees paid in other tokens into LINK.
• Supported by CCIP, Uniswap V3 conversions, and automated processing.

The reserve is designed for long-term sustainability, with no planned withdrawals for several years.

Enterprise Adoption as a Driver

Large institutions including Mastercard and JPMorgan are already using Chainlink’s infrastructure. Their payments and integrations feed into the Chainlink Reserve, strengthening the tokenomics of LINK through consistent demand.

ICE Market Data Available Onchain

Chainlink announced a partnership with Intercontinental Exchange (ICE) on Aug. 11 to bring foreign exchange (FX) and precious metals rates onchain. ICE’s Consolidated Feed aggregates prices from more than 300 trading venues, now integrated into Chainlink Data Streams.

This provides dApps and financial institutions with:

• Low-latency FX rates for fiat pairs.
• Onchain gold and silver reference prices.
• Resilient, multi-source data feeds.

By extending ICE’s institutional-grade pricing to blockchains, Chainlink enables secure settlement and risk management for tokenized assets and DeFi applications.

Bitget Adopts Chainlink Proof of Reserves

Crypto exchange Bitget announced adopting Chainlink Proof of Reserves (PoR) to provide transparency for its Bitcoin-pegged token BGBTC on Aug. 19.

Proof of Reserves allows anyone to verify in near real-time that wrapped or pegged tokens are fully backed by reserves. For Bitget, this system ensures:

• Independent verification through decentralized oracles.
• Continuous monitoring of Bitcoin collateral.
• Higher trust for retail and institutional users.

The integration also supports BitVault Finance, which uses BGBTC in its DeFi lending and yield strategies.

SBI Partnership in Japan

Chainlink announced a strategic partnership with SBI Group, a Japanese financial conglomerate managing more than $200 billion in assets on Aug. 24. The collaboration will target:

• Tokenization of real-world assets.
• Onchain fund management.
• Cross-border payments.
• Stablecoin transparency.

Japan’s highly regulated financial environment makes it a key testing ground for blockchain adoption, with surveys showing 76% of financial institutions interested in tokenized securities.

Conclusion

Chainlink’s August updates demonstrate its expanding role in both decentralized and traditional finance. From State Pricing for DeFi assets to cross-chain tokenized gold, institutional-grade market data, and official U.S. government economic indicators, the network is positioning itself as the infrastructure layer connecting crypto and global markets.

By combining technical improvements with institutional partnerships, Chainlink continues to strengthen its position as a standard for secure data delivery and cross-chain interoperability.

Resources:

1. Bitwise’s filing with the SEC for Chainlink spot ETF: https://www.sec.gov/Archives/edgar/data/2082889/000121390025080461/ea0254517-s1_bitwise.htm

2. Chainlink Endgame: https://blog.chain.link/chainlink-oracle-platform/

3. Chainlink LINK reserve data: https://metrics.chain.link/reserve

4. SBI Group and Chainlink partnership announcement: https://www.prnewswire.com/news-releases/sbi-group-and-chainlink-announce-strategic-partnership-to-accelerate-institutional-digital-asset-adoption-in-key-global-markets-302537166.html?tc=eml_cleartime

5. Chainlink’s ISO 27001 certification and SOC 2 Type 1 certifications announcement: https://x.com/chainlink/status/1958529673295434088