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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 5 sources · 17 days · First seen · Last updated

Blockchain technology and institutional asset deployment

Overview

Developments in the blockchain sector have highlighted new capabilities for cross-chain automation and institutional asset management.

Chainlink demonstrated an automated workflow designed to distribute cash dividends for tokenized equities across four different blockchains. Utilizing the Chainlink Runtime Environment, Swift messaging, and ISO 20022 standards, the system coordinates corporate action announcements, ownership determination, and reconciliation. The process includes an Automated Compliance Engine to verify identity and tax eligibility, allowing payments to be distributed via stablecoins or tokenized deposits.

In a separate institutional move, SharpLink deployed $400 million in Ethereum into the Lido liquid staking protocol and the Ether.fi restaking protocol. This strategy involves allocating $200 million to receive wrapped staked ETH and $200 million to the Linea network for restaking via EigenCloud to capture layered returns. The company manages these assets through Anchorage Digital to maintain institutional-grade auditability and control.

Entities

Chainlink · Lido · Ethereum · Anchorage Digital · Ether.fi

Timeline

  1. [BUSINESS] 3 sources
    SharpLink deploys $400 million in Ethereum via Lido and Ether.fi

    SharpLink has deployed $400 million in Ethereum into Lido and Ether.fi to generate yield through liquid staking and restaking protocols.

  2. [TECHNOLOGY] 2 sources
    Chainlink automates tokenized equity dividends across four blockchains

    Chainlink demonstrated an automated system for distributing tokenized equity dividends across four blockchains using Swift messaging and the Chainlink Runtime Environment.

Sources

blocktelegraph.io · coincu.com · coinpaper.com · cryptoslate.com · tronweekly.com