Chainlink & GLEIF Partner to Boost Trusted Identity on Blockchain
Chainlink and the Global Legal Entity Identifier Foundation (GLEIF) have joined forces to tackle the challenge of trusted identity on blockchain networks. The partnership aims to unlock the next phase of tokenized finance, with significant implications for compliance management, asset verification, and regulatory trust across jurisdictions.
The combined system allows institutions to link verified identity data directly to tokenized assets, contracts, and wallets, ensuring traceability and regulatory alignment. Potential users include institutions and companies involved in global supply chains, trade, and decentralized infrastructures such as the IOTA Foundation and participants in the TWIN network. These organizations seek interoperable, verifiable digital identities to enable on-chain trust between business partners.
Institutional participation in digital assets has been limited by establishing trusted identity on blockchain networks. Banks, asset managers, and stablecoin issuers have sought a method to verify counterparties securely while maintaining compliance and user privacy. Stablecoin issuers are a key use case, as embedding verifiable identity data at the contract level can differentiate reserve-backed stablecoins from imitations. Incorporating trusted identity at the infrastructure level enables tokenization platforms to expand under clear regulatory guidelines.
The collaboration integrates Chainlink's Cross-Chain Identity (CCID) and Automated Compliance Engine (ACE) with GLEIF's verifiable Legal Entity Identifier (vLEI). The framework enables organizations to programmatically confirm asset provenance, apply compliance rules, and recover access to assets in cases of lost private keys.
The partnership is expected to catalyze greater institutional investment in digital asset markets by eliminating identity-related hurdles. With this solution, institutions can now verify counterparties securely, maintain compliance, and expand tokenization platforms under clear regulatory guidelines, paving the way for the next phase of tokenized finance.
