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Chainlink Expands Institutional Reach With Solstice, Crypto Finance, and Canton Network

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Chainlink partners with Solstice, Crypto Finance, and Canton Network to expand institutional blockchain adoption through interoperability, proof of reserves, and settlement solutions

Soumen Datta

September 24, 2025

Chainlink has expanded its institutional presence through three new collaborations with SolsticeCrypto Finance, and the Canton Network. Each partnership highlights a different use case for Chainlink’s oracle and interoperability technology, from powering stablecoin ecosystems to improving asset verification and enabling secure institutional blockchain adoption.

At the core of these integrations are Chainlink’s Cross-Chain Interoperability Protocol (CCIP)Data Streams, and Proof of Reserve, tools that allow financial institutions to adopt blockchain infrastructure with greater transparency and compliance.

Solstice Partnership: Building a Stablecoin Ecosystem

Solstice Finance, a synthetic stablecoin and yield-generating protocol, has partnered with Chainlink to strengthen the infrastructure behind its upcoming stablecoin USX. The collaboration integrates Chainlink’s interoperability and data solutions to support Solstice’s goal of creating a trusted stablecoin platform on Solana.

Key Components of the Partnership

  • Chainlink CCIP: Enables cross-chain interoperability for USX, ensuring zero-slippage transactions and no vendor lock-in.
  • Data Streams: Provides sub-second price updates to support efficient, low-cost settlement.
  • Proof of Reserve (future integration): Will allow transparent collateral verification of USX holdings.

In addition to Chainlink, Solstice is working with other institutional partners:

  • Ceffu: Provides Binance off-exchange settlement through MirrorX, reducing counterparty risk.
  • Copper: Adds off-exchange settlements on centralized exchanges, widening institutional options.
  • Arcanum: Supports tokenomics design and go-to-market strategies.

According to Solstice Labs CEO Ben Nadareski, these integrations come as Solstice prepares for the official launch of USX in September 2025. The protocol currently manages over $1 billion in staked assets across 9,000 validators.

“By integrating Chainlink Data Streams and CCIP to enable cross-chain interoperability while exploring Chainlink Proof of Reserve, Solstice ensures the highest level of interoperability, security, and transparency across markets,” Colin Cunningham, Global Head of Tokenized Asset Sales at Chainlink Labs, noted.

Crypto Finance: On-Chain Proof of Reserve for ETPs

Chainlink has also gone live with Crypto Finance, part of Deutsche Börse Group, to deliver on-chain Proof of Reserve for physically backed Ethereum and Bitcoin Exchange Traded Products (ETPs) issued by nxtAssets.

The integration allows investors to independently verify that the assets backing the ETPs are fully collateralized. Using the Chainlink Runtime Environment (CRE), reserve data is published on Arbitrum, enabling public verification without disclosing sensitive wallet addresses.

Benefits of Chainlink Proof of Reserve

  • Continuous, verifiable data instead of periodic reports
  • Cryptographic verification of reserves for enhanced security
  • Publicly viewable, tamper-resistant records on-chain
  • Increased regulatory confidence and auditability

Stijn Vander Straeten, CEO of Crypto Finance, said the setup “marks a major step in institutionalizing trust and transparency for digital assets.”

The partnership streamlines reporting processes, boosts institutional credibility, and demonstrates a clear alignment with regulatory standards for asset-backed products.

Canton Network: Institutional Blockchain Adoption

The Canton Network, a public, permissionless blockchain for institutional finance, has partnered with Chainlink to accelerate its adoption among global financial institutions. Canton processes over $280 billion in daily repos and supports more than $6 trillion in tokenized assets, backed by a network of 500 validators.

Chainlink’s Role in Canton

  • Scale Program: Canton will subsidize costs for Chainlink oracle nodes to ensure secure, cost-efficient data feeds.
  • Data Streams, Proof of Reserve, NAVLink: Provide accurate financial data and asset verification.
  • CCIP: Enables cross-chain interoperability across financial institutions.
  • Super Validator Role: Chainlink Labs will serve as both a Validator and Synchronizer node in Canton’s Global Synchronizer governance layer.

“Canton’s leadership in privacy and compliance makes them a key driver of institutional blockchain adoption, and this collaboration combines those strengths with Chainlink’s proven infrastructure,” said Sergey Nazarov, Chainlink Co-Founder. “Together, we’re enabling large-scale real-world use cases and accelerating the convergence of traditional and decentralized capital markets.” 

Broader Institutional Context

These three partnerships demonstrate how Chainlink is positioning itself as infrastructure for institutional adoption of blockchain. The integrations are not focused on speculation but on practical applications:

  • Stablecoins with verifiable collateral (Solstice)
  • ETPs with transparent reserves (Crypto Finance)
  • Institutional blockchains with secure data feeds (Canton)

This strategy aligns with broader financial trends. Banks, custodians, and asset managers are under increasing pressure to improve transparency and risk management while also exploring tokenized asset markets. Chainlink’s role is to provide the technical layer that ensures interoperability, security, and verifiability across these use cases.

Conclusion

Through Solstice, Crypto Finance, and Canton Network, Chainlink has expanded its institutional reach into three key areas: stablecoin infrastructure, asset-backed financial products, and institutional blockchain adoption..

The collaborations show how Chainlink’s infrastructure is already being used to support real-world financial products, from stablecoins to ETPs and large-scale institutional networks.

Resources:

  1. Chainlink X platform: https://x.com/chainlink

  2. Announcement by Solstice: https://chainwire.org/2025/09/24/solstice-announces-strategic-collaboration-with-chainlink-and-leading-custody-and-venture-firms-to-enhance-ecosystem-ahead-of-usx-stablecoin-launch/?mfk=qQGXyLOLW%2B2qnVCbvse28AdyBV%2BB54MEyTWX0wr0eP7RfuQU7gtmOdOPWVWO997FFoMQ0nv2PFjd2x1L12%2BA8DIAbZB6G6IMczI99jButBRm7Q%3D%3D

  3. Announcement by Canton Network: https://www.canton.network/canton-network-press-releases/canton-network-and-chainlink-enter-into-strategic-partnership-to-accelerate-institutional-blockchain-adoption-

  4. Announcement by Crypto Finance: https://www.crypto-finance.com/crypto-finance-is-now-live-with-chainlink-proof-of-reserve-to-bring-trust-and-transparency-to-nxtassets-digital-asset-etps/

Disclaimer

Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].

Author

Soumen Datta

Soumen has been a crypto researcher since 2020 and holds a master’s in Physics. His writing and research has been published by publications such as CryptoSlate and DailyCoin, as well as BSCN. His areas of focus include Bitcoin, DeFi, and high-potential altcoins like Ethereum, Solana, XRP, and Chainlink. He combines analytical depth with journalistic clarity to deliver insights for both newcomers and seasoned crypto readers.

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