SOOHO.IO and Chainlink announced a strategic partnership to jointly explore tokenized assets and central bank digital currency use cases in Asia.
Powered by ChatGPTTechFlow News, SOOHO.IO is a leading solution for blockchain finance and digital asset services, which has partnered with the indispensable infrastructure Chainlink in the token asset economy. Today, at Korea Blockchain Week, they announced a strategic partnership focused on exploring token asset and Central Bank Digital Currency (CBDC) use cases in Korea, Japan, Thailand, and other emerging digital markets in Asia.
The collaboration will initially focus on the following three key areas:
1) SOOHO.IO will adopt Chainlink CCIP in its projects with regulated financial institutions and digital asset owners in Korea;
2) Utilize Chainlink's reserve proof services to verify the reserves of prepayments and explore various application scenarios;
3) Send net asset value data to the blockchain through Chainlink.
SOOHO.IO's CEO Jisu Park said: "For blockchain enterprises and financial institutions exploring tokenization use cases, Chainlink has become the industry standard solution. Through this strategic cooperation, we look forward to working with Chainlink in Asia to meet the needs of financial institutions and develop underlying solutions for the digital asset industry."
Niki Ariyasinghe, Head of Business Development for Asia Pacific and Middle East at Chainlink Labs, said: "SOOHO.IO's technical expertise and its market experience in Korea and Asia not only contribute value to the blockchain industry but also bridge the gap between the on-chain ecosystem and traditional finance. Chainlink and SOOHO.IO will work together to meet the current needs of the Asian market. We look forward to continuing our cooperation to develop and implement more cutting-edge solutions."
As Asia is gradually becoming a key market for the emergence and growth of blockchain technology, SOOHO.IO and Chainlink can seize potential market opportunities and expand the scope of cooperation based on the ever-changing market demands.
