Chainlink Launches CustodySync With Anchorage to Link Custody and DeFi Loans

TL;DR: Chainlink describes a workflow spanning collateral deposit, borrowing, repayment and liquidation. Keeping assets in custody does not automatically remove smart-contract, oracle, liquidation or legal-enforcement risk.
Chainlink announced CustodySync on October 26 with Anchorage Digital as its initial partner. The service aims to synchronize information between qualified custodians and decentralised lending protocols, allowing eligible institutions to borrow against assets while retaining t