India’s largest trade credit infrastructure platform, Vayana, which has facilitated over $62 billion in financing, is adopting Chainlink’s oracle and compliance infrastructure to bring regulated tokenized asset workflows to the country’s trade finance market. The move marks a significant step toward institutional asset issuance on-chain under India’s financial regulations.
Vayana operates across banks, financial institutions, corporates, and MSMEs, with a network of more than 3,000 supply chains. The integration will leverage Chainlink’s compliance standard and the Chainlink Runtime Environment to help regulated entities issue, manage, and settle tokenized assets while enforcing KYC, KYB, AML, sanctions screening, and travel-rule controls. Chainlink’s Automated Compliance Engine enables on-chain identity and policy enforcement, making it possible to connect asset data and compliance checks across disparate systems.
Ram Iyer, founder and CEO of Vayana, stated that Chainlink provides the “highest levels of security and reliability” alongside the compliance capabilities needed for “the distribution of compliant tokenized assets in India at scale.”
In a parallel development, DeFi platform Tenbin, backed by Galaxy Digital, has deprecated its legacy cross-chain solution and migrated exclusively to Chainlink CCIP for bridging tokenized assets such as tGLD, tMXN, and tBRL. The decision followed internal security reviews prompted by recent cross-chain incidents, with Tenbin citing CCIP’s 16 independent node operators, SOC 2 Type 2 attestation, built-in rate limits, and risk management controls as decisive factors. Tenbin Labs co-founder Yuki Yuminaga emphasized that “any compromise in cross-chain infrastructure can directly put user funds and asset integrity at risk.”
These announcements are part of a broader trend of institutional and DeFi projects migrating to Chainlink. Lombard moved over $1 billion in Bitcoin-backed assets to CCIP, Kraken adopted CCIP as its exclusive wrapped-asset infrastructure, and reports show that more than $4 billion in assets have migrated from LayerZero to CCIP across multiple protocols. Additionally, the Depository Trust & Clearing Corporation (DTCC) and financial giants like SWIFT, Visa, JPMorgan, and Mastercard are exploring Chainlink-based settlement and tokenization systems, reinforcing LINK’s role as the connective layer between traditional finance and blockchain markets.
