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Chainlink Debuts CustodySync With Anchorage For Institutional DeFi Lending

Picture: The Currency Analytics

Community Trust Score Likely Real 79 % Real Likely Real 24 votes Updated 6 minutes ago Chainlink announced the launch of CustodySync on October 26, identifying Anchorage Digital as the initial partner for the new service. The platform is designed to synchronize information between qualified custodians and decentralized lending protocols, enabling eligible institutions to borrow against their assets while maintaining their existing custody arrangements. Chainlink describes the operational workflow for CustodySync as spanning four key stages: collateral deposit, borrowing, repayment, and liquidation. The service aims to bridge the gap between traditional financial infrastructure and on-chain credit markets.

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