Participants
in
the
initiative
include
Euroclear,
Swift,
UBS,
Franklin
Templeton,
Wellington
Management,
CACEIS,
Vontobel
and
Sygnum
Bank.
Blockchain
ecosystem
partners
Avalanche
(AVAX),
ZKsync
(ZK)
and
Hyperledger
Besu
networks
also
contributed.
“By
leveraging
AI
and
Chainlink
oracles
to
interpret,
standardize,
and
deliver
high-value
unstructured
data,
we
can
dramatically
reduce
the
manual
processes
required,
enabling
significant
potential
operational
efficiency
and
cost
reduction,”
said
Mark
Garabedian,
Wellington
Management’s
director
of
digital
assets
and
tokenization
strategy.