LG CNS Partners With Chainlink To Advance South Korean Digital Asset Infrastructure

TL;DR: LG CNS will incorporate Chainlink’s oracle infrastructure and interoperability standard into its institutional digital asset solution. Both companies focused the development on issuing South Korean won-backed stablecoins and structuring tokenized securities. LG CNS serves as the primary technical contractor for the Bank of Korea’s Project Hangang, an initiative focused on digital money clearing. LG Group’s IT services arm, LG CNS , confirmed this Friday that it has entered into a partnership with decentralized network Chainlink to roll out institutional- and banking-focused digital asset infrastructure in South Korea. The deployment will integrate Chainlink’s decentralized data layer, orchestration services, and the Cross-Chain Interoperability Protocol (CCIP) into LG CNS ‘s digital asset architecture.

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