Chainlink keeps pumping out new products that all the institutions need. They are literally being told "We need this solved" and Chainlink leans into the fact it holds all the marbles (data + interop + orchestration + more) to make it happen. Collateral stays with the custodian. When an institution deposits collateral with their qualified custodian, the custody balance is published onchain via Chainlink Proof of Reserve, providing a verifiable onchain record of collateral anyone can verify. Collateral is represented onchain. A transfer-restricted receipt token representing the assets held in custody is then posted to the onchain lending market. Its supply reflects the assets held in custody and carries no claim on the underlying assets outside the lending integration. Clients borrow directly. Assets move from the lending market to the borrower in a single transaction. Every borrow, repayment, and interest accrual is recorded in the custodian's records automatically. Both systems priced from the same source. The lending market reads Chainlink Data Feeds onchain, while Chainlink Data Streams deliver identical values directly to the custodian’s offchain systems, so both sides calculate LTV from the same data. The collateral agent facilitates liquidations. If a loan breaches the defined liquidation threshold, the appointed collateral agent sells through its own process. CustodySync records the committed sale proceeds onchain ensuring the position remains stable while the sale settles, with final settlement executing via a single atomic transaction. CustodySync combines multiple components of the broader Chainlink platform into a single solution: $LINK