Chainlink Exchange Balances Reach Multi-Year Lows Following SBI Partnership Announcement

SBI Digital Markets has announced plans to integrate Chainlink’s Cross-Chain Interoperability Protocol (CCIP), marking a significant step towards creating a digital asset ecosystem that supports tokenized real-world assets on various blockchain networks.

Key Takeaways

SBI Digital Markets will use Chainlink’s CCIP to enable seamless transactions of tokenized assets across public and private blockchains.
The integration prioritizes transaction privacy and compliance across different jurisdictions.
The partnership enhances Chainlink's collaborations with significant financial institutions and builds on earlier projects, including Singapore's Project Guardian.
Chainlink introduced new infrastructure advancements, including the Runtime Environment and upcoming Confidential Compute capabilities.
Despite recent declines in LINK's market value, long-term holders are withdrawing tokens from exchanges, signaling a trend towards holding rather than trading.

Chainlink Secures Major Deal With SBI Digital Markets Amid LINK

Partnership with SBI Digital Markets

SBI Digital Markets recently announced its integration of Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This integration aims to facilitate compliant and interoperable tokenized real-world assets, allowing for seamless transfers across both public and private blockchain networks.

Protecting Privacy in Transactions

Chainlink highlighted that utilizing CCIP Private Transactions will empower SBI Digital Markets to keep sensitive information secure, protecting transaction amounts and counterparty details from third-party access. Additionally, the company is assessing Chainlink’s Automated Compliance Engine to ensure adherence to policy-based compliance across various jurisdictions.

The partnership is part of SBI Digital Markets' broader ambition to develop a comprehensive digital asset ecosystem. This ecosystem will support diverse activities such as asset issuance, distribution, settlement, and secondary market trading. The new partnership builds on a previous collaboration between SBI Group and Chainlink, which included work within Singapore's Monetary Authority’s Project Guardian alongside UBS Asset Management.

The Project Guardian initiative illustrated how blockchain technology can streamline fund management processes typically managed by administration and transfer agents. This latest agreement further solidifies Chainlink's role among global financial institutions and adds to its previous partnerships with major players like SWIFT, Mastercard, Euroclear, UBS, and ANZ.

Infrastructure Developments

This collaboration aligns with two essential infrastructure rollouts occurring in November 2025. Chainlink has officially launched its Runtime Environment, alongside the introduction of Confidential Compute capabilities.

The Runtime Environment acts as an orchestration layer that integrates Chainlink’s core services, which include Oracles, CCIP, Proof of Reserve, and the Automated Compliance Engine. Confidential Compute, which is expected to be launched in 2026, will offer privacy enhancements for enterprise applications, allowing financial institutions to carry out confidential smart contracts that encompass tokenized funds, private credit markets, and Delivery versus Payment transactions.

As Chainlink extends its reach among institutional clients, the LINK token is dealing with fluctuating market conditions. In the past month, the token’s value has dropped by 36.7%. As of now, LINK is trading at $14.96, with a modest recovery of nearly 1% over the last 24 hours.

Interestingly, on-chain analytics show a trend favoring long-term holders, as the supply of LINK available on exchanges has recently declined to 143.5 million tokens—the lowest figure since October 2019. In 2025 alone, over 80 million LINK, accounting for about 11% of the circulating supply, were withdrawn from exchanges.