Pacific Meta Names Chainlink CCIP Its Preferred Interoperability Solution

Pacific Meta named Chainlink’s Cross-Chain Interoperability Protocol (CCIP) its preferred interoperability solution for a partnership aimed at institutional tokenized finance in Japan, broadening the companies’ work beyond Web3 services and gaming.

The planned cooperation covers market and business development, along with onchain identity and trust infrastructure. Its stated areas of focus include asset tokenization, digital identity and automated compliance.

The protocol lets participating blockchains exchange messages and move tokens across networks. It also supports data transmission and programmable transfers that combine tokens with instructions, allowing information to travel alongside a transfer between blockchain networks. Earlier coverage detailed CCIP’s optional verification controls.

Pacific Meta also added Chainlink’s Automated Compliance Engine (ACE) to its Partner Solutions marketplace. ACE is the partnership’s compliance offering, while CCIP serves as its interoperability component.

The agreement extends a relationship established in 2023, when Pacific Meta and Chainlink Labs focused on promoting Chainlink services in Japan and supporting Web3 gaming studios. The newly stated areas of work add institutional finance, identity and compliance to that earlier focus.

“Japanese institutions are moving quickly toward tokenized finance,” said Andy Hung, Pacific Meta’s head of alliance.

The announcement named no financial institution, tokenized asset, pilot or live deployment. It also gave no deployment date, revenue figure or financial terms.