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Chainlink enters Korea through LG CNS partnership

Chainlink and LG CNS announced an agreement on Oct. 22 to add Chainlink’s data and cross-chain services to LG CNS’ Digital Asset Platform Solution for financial institutions. The companies intend to explore stablecoin transfers between different blockchain systems, but disclosed no financial terms, customers or commercial deployment date.

LG CNS leads Project Hangang, the Bank of Korea’s digital currency initiative, whose first phase involved about 80,000 customers across seven banks. The announcement did not establish that Chainlink’s technology would be integrated directly into that project.

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