The Chainlink LG CNS partnership aims to build the infrastructure underpinning South Korea’s digital asset market, starting with Korean-won stablecoins and tokenized securities for the country’s banks and financial institutions.
What the Chainlink LG CNS Deal Covers
The two companies announced the strategic partnership on Thursday in a press release issued via PRNewswire. Chainlink’s oracle, cross-chain interoperability, data and orchestration infrastructure will be integrated into LG CNS’s digital asset platform solutions, which are sold to Korean banks and financial institutions — giving them secure connectivity across blockchain networks and traditional institutional systems.
Priority targets include the distribution and utility of Korean-won stablecoins, security token offerings (STOs) and cross-chain interoperability. Korea’s digital asset market is roughly $68 billion, with more than 11 million users eligible for stablecoin services.
LG CNS is the lead contractor for the Bank of Korea’s flagship central bank digital currency initiative, Project Hangang, responsible for building, operating and expanding the country’s digital currency infrastructure. That role makes it a natural distribution channel for Chainlink’s standards into the regulated Korean market.
“Together, LG and Chainlink are providing Korean institutions with a secure and reliable foundation for moving tokenized money across systems and networks,” said Johann Eid, Chief Business Officer at Chainlink Labs. He added that combining LG CNS’s institutional expertise with Chainlink’s technology standards establishes the foundation for compliant digital asset infrastructure in Korea.
The deal extends an existing relationship: LG CNS launched its digital asset infrastructure platform KITL in October 2024 with Chainlink — alongside partners including Circle, Securitize, the Canton Foundation and Chainalysis — to connect external financial data with blockchains for STOs and stablecoins. Financial terms of the new partnership were not disclosed.
The announcement lands as South Korea’s Digital Asset Basic Act enters its final stage of legislative talks, which would set the regulatory frame for the very stablecoins this infrastructure is built to serve.
Source: Chainlink press release via PRNewswire, Oct 22, 2026; coverage via CoinDesk and Crypto Briefing.
