Chainlink and 24 Leading Financial Market Participants Advance Industry Initiative To Solve $58 Billion Corporate Actions Problem

The banking and capital markets industry initiative has expanded to 24 global organizations, including some of the world's largest financial and market infrastructures, such as DTCC, Swift, and Euroclear, as well as leading financial institutions, including UBS, DBS Bank, BNP Paribas' Securities Services business, ANZ, Wellington Management, and Schroders.

FRANKFURT, Germany, Sept. 29, 2025 /PRNewswire/ -- Chainlink, the industry-standard oracle platform, announced today the results of the second phase of an industry initiative to standardize and streamline corporate actions processing using a combination of the Chainlink oracle platform, blockchain technology, and artificial intelligence (AI). With participation from 24 of the world's largest financial services institutions, the Chainlink-powered solution enables organizations to receive structured and validated corporate actions data across multiple languages directly into their existing systems in minutes rather than days. This solution can save the global financial systems tens of billions of dollars in processing costs annually with minimal disruption to existing processes. This means fewer settlement errors, faster reconciliations, and lower operational risk for financial institutions.

The full list of participants in this industry initiative includes financial market infrastructures Swift, The Depository Trust & Clearing Corporation (DTCC), Euroclear, SIX, TMX, CEVALDOM, Grupo BMV, ADDX, Orbix Technology, Marketnode, and Wamid, as well as leading asset managers and banks UBS, DBS Bank, BNP Paribas' Securities Services business, ANZ, Wellington Management, Schroders, Zürcher Kantonalbank, Vontobel, CTBC Bank, Causeway Capital Management, Sygnum Bank, AMINA Bank, and Zand Bank.

Corporate actions processing costs the global financial industry an estimated $58 billion annually, with costs increasing by 10% year over year and automation rates falling below 40%. According to Citi's 2025 Asset Servicing report, the average corporate action event now touches more than 110,000 firm interactions and costs $34 million to process, with 75% of market participants still relying on manual data revalidation.

In Phase 1 of the initiative, Chainlink, Swift, Euroclear, and six financial institutions demonstrated that large language models (LLMs)—including OpenAI's GPT series, Google's Gemini series, and Anthropic's Claude series— could extract structured data from unstructured corporate action announcements and publish it as unified golden records onchain—a single source of truth that all participants can easily access, verify, and build upon. Phase 2 introduced a production-grade deployment by making substantial improvements to the speed, reach, and accessibility of corporate actions data.

The Chainlink Runtime Environment (CRE) orchestrated the validation of multiple AI model outputs and transformed the confirmed results into ISO 20022-compliant messages, which were then transmitted to the Swift Network. In parallel, Chainlink Cross-Chain Interoperability Protocol (CCIP) distributed these same confirmed records across DTCC's blockchain ecosystem and additional public and private blockchain environments, enabling simultaneous access across traditional infrastructure and blockchain-based platforms. New institutionally-designated roles for data attestors and contributors were also introduced to cryptographically attest to data accuracy and contribute to any missing data fields, creating a verifiable chain of custody across the lifecycle of each corporate action.

Throughout testing, the system achieved nearly 100% data consensus agreement among AI models across all evaluated corporate actions. The architecture also demonstrated support for multilingual processing across disclosures written in non-English languages, such as Spanish and Chinese, enabling broader global coverage across jurisdictions.

This solution unlocks a unified golden record for corporate actions, an attested, real-time source of truth that can be accessed simultaneously by smart contracts, custodians, and post-trade systems. It also enables tokenized equities, an increasingly adopted category of tokenized assets, to reference the same confirmed records across public and private blockchains, laying the groundwork for better synchronization and increased automation across onchain markets.

By standardizing how corporate actions data is extracted, validated, and delivered, the collaboration creates a shared foundation for asset servicing across both blockchain networks and traditional financial infrastructure.

Future efforts will focus on extending this workflow to support more complex corporate actions, like stock splits, expanding global coverage through support for additional jurisdictions and currencies, and introducing stronger privacy and governance controls to continue to meet the operational and compliance needs of global financial institutions.

Read the full report:  Establishing a Unified Standard for Asset Servicing With the Chainlink Platform, Blockchains, and AI

"I am very excited about our collaboration with Swift, DTCC, Euroclear, UBS, DBS, and many other leading financial institutions on solving corporate actions onchain, a problem that has to be solved in order for tokenized public equity to scale up and work correctly onchain. Being able to solve the data validation problem of corporate actions using AI Oracle Networks from Chainlink is a big leap forward in what AI Oracle Networks are capable of, showing that multiple AIs can come to consensus on critical information inside of a Decentralized Oracle Network. Placing this AI consensus-validated corporate actions record onchain and across chains using CCIP is a huge step forward for how corporate actions can work across the capital markets." — Sergey Nazarov, Co-Founder of Chainlink

"By leveraging DLT, we can bring increased levels of transparency, connectivity and accuracy to the ecosystem. We welcomed the opportunity to bring this use case to life and demonstrate how innovative technology can transform processes and deliver new capabilities and value to the industry." — Dan Doney, Managing Director & Chief Technology Officer, DTCC Digital Assets

"Delivering scalable digital market infrastructure means aligning new solutions with the systems institutions already trust. Industry-wide coordination around standards and interoperability, as demonstrated in this initiative with Chainlink and major financial institutions, is key to achieving that at scale." — Stéphanie Lheureux, Director, Digital Assets Competence Center, Euroclear

"For asset managers, the ability to receive accurate corporate actions data quickly and consistently in a standardized format is essential. Chainlink's platform helps enable this by supporting timely, reliable data delivery, which reduces operational overhead, lowers risk, and improves our ability to respond to time-sensitive events across global portfolios." — Mark Garabedian, Director of Digital Assets & Tokenization, Wellington Management

"We have seen, in recent years, the beginning of a shift from discrete, individual experimental programmes to a wider cross-industry cooperation when it comes to blockchain usage. We are eager to embrace this collaborative culture at BNP Paribas' Securities Services business. Contributing to this industry-wide initiative led by Chainlink is a great opportunity to identify how blockchain can be leveraged to improve corporate actions processing to the benefit of our clients." — Wayne Hughes, Head of Digital Assets, Securities Services, BNP Paribas

"In an increasingly agentic financial ecosystem, where automation, tokenization, and AI-driven decisioning are reshaping market infrastructure, corporate action compliance must evolve from a fragmented, manual process to a unified, verifiable standard. The Chainlink-led initiative demonstrates how blockchain can deliver attested, real-time corporate actions data across jurisdictions and platforms—reducing operational risk, enabling smart contract automation, and laying the foundation for scalable digital asset servicing." — Nigel Dobson, Banking Services Lead Institutional, ANZ

"Fragmented corporate actions have long posed operational and transparency challenges. Chainlink technology brings these processes on-chain, creating a standardized, trusted source of truth that enhances transparency, improves efficiency, and supports interoperability across the entire ecosystem." — Allen Li, Head of Engineering, ADDX

"Sygnum was founded on the idea of bridging traditional finance with blockchain technology. This Chainlink-led industry initiative does exactly that, bringing players from both worlds together to improve the current financial infrastructure." — Fatmire Bekiri, Head of Tokenization, Sygnum Bank

"Wamid is committed to advancing infrastructure that enables our markets to integrate seamlessly with the global financial system. This collaboration demonstrates how industry-wide coordination around standards can reduce fragmentation and unlock new opportunities for issuers and investors alike." — James Parker, Chief of Venture Development, Wamid

"Previously, blockchain technology served only as the foundation for the future in financial instruments. Chainlink's platform, with its integration of AI, has enabled further innovation by bringing the traditional end-to-end life cycle of corporate actions fully into the digital space across both the Web3 and AI landscapes. Orbix Technology is proud to support and advance this innovation alongside Chainlink, helping unlock the next frontier of financial infrastructure." —Yarnvith Raksri, Managing Director, Orbix Technology

"Timely, standardised and verifiable data is key to both enabling new opportunities and reducing operational costs. This initiative demonstrates the value of collaboration and trusted decentralised technology to solve industry-wide challenges. Delivering AI and blockchain enabled market infrastructure remains the core of our mission and we are excited to witness its continued adoption." — Aaron Seabrook, Chief Operating Officer, Marketnode

"The future of corporate actions lies in intelligent, trust driven automation. Banks that harness AI and blockchain the fastest will transform market efficiency and value creation. Through this industry initiative, Zand is proving how innovation at scale can collapse timelines, eliminate friction, and unlock entirely new possibilities for global capital markets." — Michael Chan, CEO, Zand Bank

About Chainlink
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.

Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ, and top protocols such as Aave, GMX, Lido, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve. Learn more at chain.link.

SOURCE Chainlink