Chainlink Standards Power BTguru’s Push for Tokenized Securities in Turkey

• The latest strategic partnership between Chainlink and BTguru is expected to strengthen security, data connectivity, and asset utility for customers. 
• BTguru may also benefit from Chainlink’s greater liquidity, reliability, and accelerating time to market.

Chainlink (LINK) has announced a strategic partnership with a leading organization driving on-chain finance in Turkey, BTguru, to subject the utility and liquidity of its institutional offering to a significant enhancement. Interestingly, this comes soon after a CNF report highlighted the integration of Chainlink’s Data Feeds and Proof of Reserve on the Hedera (HBAR) network.

BTguru has partnered with Chainlink to scale institutional adoption of tokenized securities in Turkey. The Chainlink standard will significantly enhance the security, liquidity, and utility of tokenized assets on BTguru’s platform.https://t.co/3XBXiiLAyo pic.twitter.com/GVbw1vsrTm— Chainlink (@chainlink) January 14, 2025

According to the press release, BTguru would closely work with Chainlink to solve an existing problem in the tokenized assets world by integrating its cutting-edge products into its digital asset solution. The report also highlights that this would be fully implemented in the coming months, and would see a greater boost in security, data connectivity, and asset utility for customers.

Commenting on the partnership, Business Development Head EMEA at Chainlink Lab David Fuchs highlighted that this significant move would create more opportunities for BTguru, including fostering innovation and meeting compliance requirements.

As we expand our presence in the region, we are excited to see BTguru partner with Chainlink. As a market leader adopting Chainlink, BTguru is well-positioned to help its customers unlock the full potential of tokenized assets. Chainlink will enable BTguru to not only meet the stringent compliance and security requirements for institutional-grade digital assets but also foster innovation and trust in the growing tokenized asset economy.

More About the Chainlink and BTguru Partnership

According to an official page on the BTguru website, its provisions cut across several areas including helping financial institutions to stay ahead of the challenges of rapid global and local developments. This ensures that they seamlessly adapt to the ever-changing client needs while meeting regulatory requirements and mitigating cybersecurity risks.

Looking at the benefits of this collaboration to BTguru, CNF found that Chainlink’s CCIP, Data Feeds, and Proof of Reserve would enable the Turkey-based company to access greater liquidity with easy cross-chain interoperability. BTguru would also have access to enhanced reliability and an accelerating time-to-market for any type of tokenized asset on any blockchain.

According to the Managing Partner at BTguru Can Bukulmez, Chainlink would provide access to the needed tools to optimize its tokenized assets offerings.

We are thrilled to partner with Chainlink to bring enhanced security, data reliability, and interoperability to Turkey’s tokenized securities market. The Chainlink standard will help BTguru provide financial institutions with the tools they need to unlock the full potential of tokenized assets while ensuring compliance and security at every step.

Over the years, Chainlink has enabled more than $18 trillion in transaction value across the blockchain ecosystem. In 2024 alone, its CCIP facilitated more than $1 billion in token transfers, per a CNF report.

Chainlink has also unified liquidity across major financial marketing infrastructures, including Swift, Fidelity International, and ANZ Bank. Fascinatingly, its extensive provisions also extend to the Decentralized Finance (DeFi) protocols, with the likes of Aave, GMX, and Lido using it to power different applications. Meanwhile, as we mentioned earlier in a report, Aave is also contemplating deploying Chainlink’s Smart Value Recapture (SVR) off-chain value (OEV) solution.