TechFlow reports that SOOHO.IO, a leading solution provider for blockchain finance and digital asset services, has announced a strategic partnership today with Chainlink, an essential infrastructure in the tokenized asset economy, at Korea Blockchain Week. The collaboration will focus on exploring use cases for tokenized assets and central bank digital currencies (CBDCs) in South Korea, Japan, Thailand, and other emerging digital markets across Asia.
The partnership will initially concentrate on three key areas:
1) SOOHO.IO will integrate Chainlink's Cross-Chain Interoperability Protocol (CCIP) into its projects involving regulated financial institutions and digital asset holders in South Korea;
2) Utilize Chainlink services such as Proof of Reserves to verify reserve holdings and explore various application scenarios;
3) Leverage Chainlink to deliver net asset value data on-chain.
Jisu Park, CEO of SOOHO.IO, said: “Chainlink has become the industry-standard solution for blockchain companies and financial institutions exploring tokenization use cases. Through this strategic collaboration, we look forward to working closely with Chainlink across Asia to meet the needs of financial institutions and develop foundational solutions for the digital asset industry.”
Niki Ariyasinghe, Head of Business Development for APAC and Middle East at Chainlink Labs, said: “SOOHO.IO’s technical expertise and market experience in South Korea and throughout Asia not only add value to the blockchain industry but also bridge the gap between on-chain ecosystems and traditional finance. Chainlink and SOOHO.IO will work hand-in-hand to address current market demands across Asia. We look forward to further advancing our collaboration and deploying more cutting-edge solutions.”
As Asia emerges as a pivotal region for blockchain innovation and growth, SOOHO.IO and Chainlink are well-positioned to seize potential market opportunities and expand their collaboration in response to evolving market needs.
