Chainlink launches CustodySync with Anchorage

Chainlink announced CustodySync on October 26, 2026, with Anchorage Digital Bank as its launch partner, introducing a system intended to connect assets held in qualified custody with decentralized finance lending markets. The arrangement is designed to let institutions borrow against eligible assets without transferring them out of a custodian’s control. Chainlink says the product coordinates custody records and lending activity throughout a loan, while Anchorage’s Atlas Collateral Management infrastructure supports collateral and loan operations. Under the announced design, Proof of Reserve publishes custody balances onchain, and a transfer-restricted receipt token represents the collateral within the lending market. The token represents assets held in custody but does not create an independent claim on them outside the integration. Borrowed funds move from the lending market to the institutional borrower. Chainlink says its Runtime Environment coordinates authorized interactions between custodians and lending markets. Its Data Feeds and Data Streams provide pricing information to the onchain and offchain systems, while Proof of Reserve supports balance checks. The stated aim...