Through an official partnership, LG CNS and Chainlink are expanding the utility and adoption of Korean stablecoins within a digital asset market that includes over 11 million eligible users. The partnership also integrates the full Chainlink platform into LG CNS’s ongoing development of digital asset platform solutions for Korean institutions, while establishing a collaboration to refine the technical standards underpinning Korea’s digital asset economy.

This development comes as Korea enters a new phase of digital asset adoption. Korea represents the second-largest digital asset market in Asia, with the Korean Won consistently ranking second—behind only the US Dollar—in cryptocurrency trading volume. This combination of market scale, high levels of digital asset participation, and demand for stablecoins makes Korea a pivotal market for institutional digital asset infrastructure.

The strategic partnership between Chainlink and LG CNS focuses on three key areas:

Oracle Infrastructure for the LG CNS Digital Asset Platform: Chainlink’s cross-chain, data, and orchestration infrastructure enhances the LG CNS digital asset platform solution by facilitating secure connectivity between blockchain networks and institutional systems.

Development of Korea’s Digital Asset Ecosystem: Chainlink and LG CNS are pooling their expertise to help define the next generation of technical standards that will underpin Korea’s digital asset economy. Developing Solutions for Korean Institutions: Chainlink and LG CNS are combining their institutional and technical expertise to advance oracle standards, interoperability, and cross-chain capabilities—essential elements for scaling regulated digital assets across Korea.

"Korea is one of the most active and technologically advanced digital asset markets in the world, and LG CNS sits at the heart of its financial infrastructure development. By merging LG CNS’s institutional expertise with Chainlink’s technology standards, this partnership lays the groundwork for compliant digital asset infrastructure in Korea. Together, LG and Chainlink provide Korean institutions with a secure and reliable foundation for moving tokenized money across systems and networks." — Johann Eid, Chief Business Officer at Chainlink Labs.

"Korea’s financial infrastructure is entering the era of tokenization. LG CNS aims to lead this transition, and together with Chainlink, we seek to accelerate the growth of Korea’s tokenized securities market by ensuring secure interoperability and access to real-world data, while simultaneously building a foundation for global expansion." — Hongkeun Kim, Executive Vice President and Head of the Digital Business Division at LG CNS. LG CNS sits at the heart of Korea’s technological and financial infrastructure as part of the LG Group—one of the country’s largest business conglomerates, with ₩186 trillion in assets across 63 affiliates and a combined market capitalization exceeding $100 billion.

The company also serves as the primary contractor for the Bank of Korea’s flagship digital currency initiative, "Project Hangang," which involves building, operating, and scaling the nation’s digital currency infrastructure. The project’s first phase encompassed approximately 80,000 customers from seven Korean banks. LG CNS is now looking to integrate Chainlink’s oracle infrastructure into its digital asset platform solution, further establishing itself as one of the nation’s most experienced developers of institutional digital currency systems.

About Chainlink

Chainlink is the industry standard for on-chain finance, providing high-quality data, secure cross-chain interoperability, and seamless connectivity across global markets. Chainlink powers leading tokenized assets, financial institutions, market infrastructures, and decentralized applications by enabling secure access to real-world data, cross-chain messaging, and blockchain connectivity across any network. The Chainlink standard has facilitated tens of trillions of dollars in transaction volume and is helping to unify global on-chain markets. Many of the world’s largest financial institutions have also adopted Chainlink’s standards and infrastructure—including Swift, Euroclear, Mastercard, Fidelity International, UBS, S&P Dow Jones Indices, FTSE Russell, WisdomTree, and ANZ—alongside leading protocols such as Aave, Polymarket, Lido, Lighter, and many others. Chainlink employs a new fee model in which revenue generated from enterprise off-chain and on-chain implementations is converted into LINK tokens and held in the Chainlink strategic reserve.

About LG CNS

LG CNS is a leading Korean AX (AI Transformation) company that continues to pioneer various emerging technologies, including artificial intelligence, robotics, cloud computing, data centers, and smart engineering—encompassing smart factories and smart logistics—as well as digital marketing. The company is also a market leader, driven by its innovative capabilities in Systems Integration (SI) and Systems Management (SM) across the finance, manufacturing, public, and other sectors.