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Chainlink partners with LG CNS to enter South Korea's $68B crypto market with new blockchain infrastructure.

Market News
22 Oct 2026
Bitcoin
View Source
Bullish
Chainlink partners with LG CNS to enter South Korea's $68B crypto market with new blockchain infrastructure.

Chainlink has formed a strategic partnership with LG CNS, the tech arm of South Korea's LG Group, to develop blockchain infrastructure for the country's $68 billion cryptocurrency market. The collaboration aims to integrate Chainlink's oracle and cross-chain technologies into LG CNS' Digital Asset Platform, supporting regulated financial blockchain applications. LG CNS brings experience from Project Hangang, the Bank of Korea's digital currency initiative, while Chainlink's technology will help enable stablecoin distribution and tokenized asset transfers. No commercial launch date or financial terms were disclosed, but the move signals growing institutional adoption of blockchain in South Korea's evolving financial ecosystem.

Chainlink's entry into South Korea's $68 billion cryptocurrency market provides context for digital asset trends. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 23, 2026 09:02 WIB: out of 50 priced major cryptocurrencies, 6 rose and 43 fell today. Notable movers include ZIL (Zilliqa) at Rp37 with a 1-day change of -6.07% and Pluang order activity of 22% Sell / 78% Buy, SNX (Synthetix) at Rp3.833 with a 1-day change of -5.82% and Pluang order activity of 48% Sell / 52% Buy, and ENJ (Enjin Coin) at Rp478 with a 1-day change of -5.15% and Pluang order activity of 90% Sell / 10% Buy.

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