Chainlink announced the launch of CustodySync on October 26, with Anchorage Digital as its inaugural partner. The service is designed to synchronize information between qualified custodians and decentralised lending protocols, allowing eligible institutions to borrow against assets held in their existing custody arrangements. The workflow covers collateral deposits, borrowing, repayment and liquidation, using Anchorage’s infrastructure and its Atlas Collateral Management product. The model could expand on-chain credit without requiring regulated investors to abandon segregation, control and reporting requirements, but it does not eliminate smart-contract, oracle, liquidation or legal-enforcement risks.
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