Tech giant LG CNS taps Chainlink to scale Korea’s tokenized finance and stablecoin markets

LG CNS, LG Group’s South Korean IT-service arm, is teaming up with Chainlink to develop digital asset infrastructure for local banks and financial institutions. The move targets stablecoins, tokenized securities and interoperability between blockchain networks, the companies said Thursday. As part of the partnership, LG CNS will incorporate Chainlink’s oracle and cross-chain technology into its digital asset platform solutions for Korean institutions. The companies also plan to support the adoption and distribution of Korean stablecoins in a market with more than 11 million eligible users. South Korea is one of the world’s most active digital asset markets, with technical and regulatory initiatives advancing. According to Chainalysis, the country’s crypto economy grew about 12% to $449 billion between July 2025 and June 2026, outpacing other East Asian markets. LG CNS supports financial institutions in building blockchain-based digital asset services that integrate with existing financial infrastructure. The company is the lead contractor for Project Hangang, a Bank of Korea initiative focused on digital currency systems and bank participation. “By combining LG CNS’s institutional ...