Chainlink just leveled up: Westpac and Imperium markets are using Chainlink in Project Acacia (with the RBA + DFCRC) to power secure, compliant DvP settlement between tokenized assets and Australia’s PayTo system. $12B+ in annual savings on the table and institutional capital going onchain fast.
Chainlink
Chainlink17.7. klo 09.19
We are excited to announce that Westpac Institutional Bank (@Westpac) and Imperium Markets are implementing Chainlink in Project Acacia, a new joint initiative between the Reserve Bank of Australia and Digital Finance CRC (DFCRC). The Chainlink Runtime Environment (CRE) is orchestrating secure, seamless, and compliant Delivery vs. Payment (DvP) settlement of tokenized assets across blockchain markets and the existing PayTo Australia domestic payments system. This capability is key to accelerating the adoption of digital assets and bringing institutional capital onchain. The Australian central bank has estimated that tokenization can save asset issuers in Australian markets up to AUD $12+ billion annually, while Westpac highlighted that the project is a key step to understanding how digital money can support “innovations in wholesale markets by providing risk-free settlement assets, backed by a resilient architecture and an appropriate regulatory environment.” By connecting offchain payment capabilities and tokenized assets for secure DvP settlement, Westpac, Chainlink, and Imperium Markets are unlocking innovative use cases and scaling the institutional adoption of tokenized assets.
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