Chainlink launched Fulcrum, supporting cross-chain institutional buybacks

Chainlink has launched a cross-chain institutional repurchase product called Fulcrum to support cross-chain financing in the institutional repurchase market.

Chainlink has demonstrated this financing workflow in collaboration with DTCC at the Sibos conference, showcasing how Fulcrum operates in institutional repurchase scenarios, with DTCC serving as the U.S. securities depository and clearing agency. Currently, integration work with various financing venues for Fulcrum is still ongoing.