India’s $62B Vayana Taps Chainlink to Power Tokenized Asset Expansion

20-May-2026 Crypto Economy

TL;DR:

  • Historical volume: The trade credit platform Vayana has facilitated over $62 billion in financing to date.
  • Technological integration: The agreement entails the initial implementation of the Chainlink Runtime Environment (CRE) and its compliance standard.
  • Market migration: Institutional protocols have transferred more than $4 billion in assets from LayerZero to the Chainlink CCIP infrastructure.

Vayana, the Indian trade credit platform, announced that it is teaming up with Chainlink to expand the issuance of tokenized assets at an institutional level within India’s financial market.

With Chainlink’s decentralized infrastructure, the Indian company aims to implement advanced tokenized finance solutions. The company’s historical data confirms that the ecosystem provides services to banks, corporations, financial institutions, and micro-enterprises (MSMEs).

The first phase of the project will focus on the adoption of the regulatory compliance standard and the so-called Chainlink Runtime Environment (CRE). The platform plans to use this environment to allow regulated financial entities to manage, issue, and settle digital securities under the legal controls currently in force within India’s financial system.

Vayana’s operating model spans from structured credits and supply chain financing to trade receivables. These types of financial instruments require the participation of multiple counterparties, strict identity audits, and rigorous compliance with legal obligations. The network architecture provided by Chainlink delivers a unified mechanism to link asset data, identity rules, and regulatory compliance checks across diverse distributed ledger environments.

Tokenized assets - Vayana

Compliance Infrastructure and Institutional Adoption

The selected technological tools include the Automated Compliance Engine, developed on top of the CRE architecture. This solution enables the enforcement of control policies directly on the blockchain. The protocol reported that participating entities will have the option to integrate digital workflows that automate Know Your Customer (KYC), Know Your Business (KYB), Anti-Money Laundering (AML) processes, sanctions screening, and jurisdictional rules.

Ram Iyer, founder and CEO of Vayana, stated that Chainlink possesses the necessary security and reliability levels for the large-scale distribution of regulated financial instruments in the country.

This marriage coincides with a technological migration trend toward Chainlink’s oracle services. The decentralized finance platform Tenbin, backed by the investment firm Galaxy Digital, recently confirmed the deactivation of its previous interoperability solution to exclusively adopt Chainlink’s Cross-Chain Interoperability Protocol (CCIP).

According to Tenbin Labs’ technical report, the decision was based on internal security audits prompted by vulnerabilities detected in other bridges in the market. Tenbin uses this network to safeguard the distribution of its assets pegged to commodities and local currencies, such as tGLD, tMXN, and tBRL.

In recent weeks, other institutional firms have also modified their infrastructure operations. The Lombard platform transferred over $1 billion in Bitcoin-backed assets to the CCIP system, while the Kraken exchange selected the same network for the custody and transfer of its wrapped assets.

The expansion of regulated financial instruments on distributed networks demands high-fidelity data and verifiable settlement processes. The union of these companies establishes a technical framework designed for local financial institutions to adopt decentralized ledger technology without the need to develop independent systems for each blockchain network in the market.

Also read: Turkey’s 8-Day Betting Blitz Hits 670+ Suspects as Crypto Rails Surface in Adana Probe
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