Blockchain financial technology company SOOHO.IO has announced a strategic partnership with Chainlink, a global blockchain leader. This collaboration aims to accelerate the development of tokenized assets and Central Bank Digital Currency (CBDC) use cases in emerging digital markets across Asia, particularly in Korea, Japan, and Thailand.
The partnership will focus on supporting the adoption of blockchain technology by financial institutions, with a particular emphasis on Chainlink’s Cross-Chain Interoperability Protocol (CCIP), Proof of Reserve services, and on-chain Net Asset Value (NAV) data provisions.
Jisoo Park, CEO of SOOHO.IO, expressed optimism about the collaboration, stating, “Chainlink has become the industry standard for tokenization use cases. This partnership will allow us to work extensively with Chainlink in the Asia region, addressing the needs of financial institutions and creating fundamental solutions for the digital asset industry.”
Niki Ariyasinghe, Head of Business Development for the Asia-Pacific and Middle East at Chainlink Labs, also praised the partnership, highlighting SOOHO.IO’s expertise in navigating the Korean and broader Asian markets. Ariyasinghe commented, “SOOHO.IO’s technical know-how is key to bridging the gap between blockchain ecosystems and traditional finance. Together, we can address current market needs in Asia and develop innovative solutions.”
Founded in 2018, SOOHO.IO is a blockchain-based digital asset service provider that works with clients such as Samsung SDS, LG CNS, and the Korea Financial Security Institute. The company specialises in cross-chain protocols and security technology and has been involved in notable projects related to CBDCs and real asset tokenization. SOOHO.IO is also the only Korean company to have secured investment from ConsenSys, a leading blockchain firm founded by Ethereum co-founder Joseph Lubin.