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Altcoins & DeFi

Chainlink Enters Korea’s $68B Market Through LG CNS Partnership

Image: Bitcoin.com News

Chainlink has partnered with LG CNS, the technology contractor behind the Bank of Korea’s Project Hangang, to expand regulated digital asset infrastructure in South Korea. Announced on Thursday, the agreement targets a $68 billion cryptocurrency market with more than 11 million eligible users, bringing oracle technology, institutional blockchain connectivity and technical standards into the country’s evolving financial system. The decentralized oracle network and Web3 computing platform Chainlink has entered a strategic partnership with LG CNS, the technology subsidiary of South Korea’s LG Group, to develop infrastructure for the country’s expanding digital asset industry. Announced Thursday, the agreement will incorporate Chainlink’s services into LG CNS’ Digital Asset Platform Solution, targeting financial institutions seeking regulated blockchain applications.

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