Chainlink launches CustodySync with Anchorage Digital Bank to unlock institutional DeFi lending
Chainlink has rolled out CustodySync, a service developed with Anchorage Digital Bank that allows institutions to borrow against their digital assets in decentralized finance markets without giving up custody control.
Chainlink has launched CustodySync, an infrastructure solution designed to let eligible custodians offer institutional clients access to decentralized finance (DeFi) lending markets while keeping their digital assets held in custody. Anchorage Digital Bank, which operates the first federally chartered digital asset bank in the United States, is serving as the official launch partner and initial custodian, according to reports from crypto media outlets including BSCNews and Crypto Briefing.[1][2][3]
Through CustodySync, institutions are able to borrow against digital asset holdings without relinquishing custody control. According to BSCNews, the integration keeps custody and lending systems synchronized to avoid premature or delayed liquidations caused by valuation discrepancies in collateralized loans. Chainlink promotional materials accompanying the announcement framed the system around turning passive institutional capital into productive capital.[2][3]
BSCNews cited a market landscape where DeFi lending stands at roughly $80 billion, while approximately $700 billion in digital assets currently under custody accounts for only 0.5% of total custodied assets across the financial system.[3]
Key facts
- Chainlink launched CustodySync to let institutional customers access DeFi lending while keeping assets in custody.
- Anchorage Digital Bank, which operates the first federally chartered digital asset bank in the U.S., is the official launch partner and first custodian.
- CustodySync allows institutions to borrow against digital assets without giving up custody control.
- The platform synchronizes custody and lending systems to prevent premature or delayed liquidations stemming from loan valuation discrepancies.
- BSCNews reported an $80 billion DeFi lending market alongside roughly $700 billion in digital assets under custody, representing 0.5% of total custodied assets.
Sources 路 3 sources
- SI
Solid Intel 馃摗@solidintel_xPost on X 路
INTEL: Chainlink launches CustodySync, letting custodied institutional assets access DeFi lending, with Anchorage as launch partner https://t.co/s7hh11N8oJ
Open source - CB
Crypto Briefing@Crypto_BriefingPost on X 路
馃數NEW: Chainlink launches CustodySync with Anchorage Digital Bank to let institutions borrow against custodied digital assets without relinquishing custody control. https://t.co/fVXoZkLI4o
Open source - BS
BSCN@BSCNewsPost on X 路
Chainlink Just Gave Big Institutions a Safe Way Into DeFi Lending @Chainlink released a solution called CustodySync. With this solution, eligible custodians will let institutional customers access the DeFi lending market while keeping assets in custody at all times. @Anchorage, which runs the country鈥檚 first federally chartered digital asset bank, is the official launch partner and its first custodian. This opportunity is big. The DeFi lending market is $80 billion, while about $700 billion in digital assets under custody represents only 0.5% of total assets under custody. The new solution helps keep custody and lending systems aligned, so there are no premature or delayed liquidations due to valuation discrepancies in loans.
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