Chainlink, a decentralized oracle network, is collaborating with 24 major global financial institutions to revolutionize the handling of corporate activities like dividends, stock splits, and mergers in international markets.
In a pilot project involving SWIFT, DTCC, Euroclear, and six other financial entities, Chainlink utilized its blockchain technology combined with artificial intelligence (AI) to process and authenticate genuine corporate events across various languages.
This initiative resulted in the creation of standardized data containers called golden records that were generated almost instantaneously. According to a press release shared with CoinDesk, these records were disseminated simultaneously across blockchain platforms and traditional systems such as SWIFT’s interbank messaging system. This approach significantly minimized manual labor and reduced error risks.
The methodology employed an array of advanced language models including OpenAI’s GPT, Google’s Gemini, and Anthropic’s Claude to transform unstructured corporate announcements into structured data. These were then recorded on-chain as unified gold records to establish a “single source of truth” that all stakeholders can easily access for verification and further development.
Chainlink’s Runtime Environment (CRE) was responsible for validating model outputs while its interoperability protocol (CCIP) transmitted data to blockchains like Avalanche along with DTCC’s private network.
Data attesters cryptographically verified the results while also addressing any potential gaps in data fields. Chainlink reported achieving nearly 100% consensus on data accuracy across all test scenarios.
The existing framework for managing corporate actions incurs significant expenses. According to Citi’s 2025 Asset Servicing report, processing an average corporate action involves approximately 110,000 interactions at a cost of $34 million. The global financial sector currently spends around $58 billion annually on processing these actions.