{"id":15173,"date":"2025-11-04T15:45:04","date_gmt":"2025-11-04T15:45:04","guid":{"rendered":"https:\/\/bitunikey.com\/news\/okx-partners-with-chainlink-to-bridge-tradfi-and-defi\/"},"modified":"2025-11-04T15:45:10","modified_gmt":"2025-11-04T15:45:10","slug":"okx-partners-with-chainlink-to-bridge-tradfi-and-defi","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/okx-partners-with-chainlink-to-bridge-tradfi-and-defi\/","title":{"rendered":"OKX partners with Chainlink to bridge tradFi and DeFi"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">OKX\u2019s X Layer will leverage Chainlink\u2019s cross-chain services to connect traditional finance with DeFi.  <\/p>\n<div id=\"cn-block-summary-block_6483fecd424b472bed62bf3b375c58c1\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>OKX\u2019s X Layer will leverage the Chainlink Cross-Chain Interoperability Protocol<\/li>\n<li>Ethereum layer-2 network X Layer will connect multiple blockchain networks<\/li>\n<li>Chainlink\u2019s oracle network enables X Layer developers to access off-chain market data<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The lines between traditional finance and decentralized protocols are increasingly blurring. On Monday, November 3, crypto platform OKX announced its Ethereum layer-2 network, X Layer, will tap into Chainlink\u2019s infrastructure for cross-chain capabilities and tradFi integration.<\/p>\n<p>Specifically, X Layer will use the Chainlink Cross-Chain Interoperability Protocol to enable seamless data transfers across major blockchain networks. What is more, the Chainlink CCIP also gives these DeFi apps access to real off-chain data from banks and other major institutions. <\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cBy integrating Chainlink\u2019s industry-leading oracle network, X Layer developers gain direct access to high-quality, tamper-proof market data, the same data infrastructure trusted by a large share of Web3 and leading institutions, to power secure DeFi, tokenization, trading, and automation,\u201d OKX stated. <\/p>\n<\/blockquote>\n<p>At the same time, Layer X joined the Chainlink SCALE program to reduce the costs to developers. This means that OKX will cover the cost of Chainlink\u2019s services for the X Layer applications. This enables developers to build X Layer applications faster and more cheaply, while gaining access to off-chain financial data. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">OKX partners with Chainlink to bridge DeFi and TradFi<\/h2>\n<p>Chainlink (LINK) has already partnered with major financial institutions to bridge off-chain and on-chain data. For one, American financial markets infrastructure firm DTCC uses Chainlink to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.dtcc.com\/dtcc-connection\/articles\/2023\/september\/21\/bringing-capital-markets-onchain-with-dtcc-and-chainlink\" target=\"_blank\" rel=\"nofollow\">publish<\/a> fund data on-chain. At the same time, UBS and Swift <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.swift.com\/news-events\/press-releases\/swift-ubs-asset-management-and-chainlink-successfully-complete-innovative-pilot-bridge-tokenized-assets-existing-payment-systems\" target=\"_blank\" rel=\"nofollow\">leverage<\/a> Chainlink in their tokenized funds. <\/p>\n<p>This partnership enables OKX to tap into the same infrastructure, while also building its own DeFi ecosystem. OKX hopes that the native oracle integration will attract developers interested in building cross-chain DeFi applications. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>OKX\u2019s X Layer will leverage Chainlink\u2019s cross-chain services to connect traditional finance with DeFi. Summary OKX\u2019s X Layer will leverage the Chainlink Cross-Chain Interoperability Protocol Ethereum layer-2 network X Layer&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=15173"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15173\/revisions"}],"predecessor-version":[{"id":15174,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15173\/revisions\/15174"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4468"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=15173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=15173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=15173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}