Chainlink, a leading decentralized oracle network, has formed strategic partnerships with several prominent financial institutions in an effort to address and resolve the significant $58 billion problem associated with corporate actions. This collaboration aims to enhance the accuracy, efficiency, and transparency of financial data related to corporate actions, such as stock splits, dividends, and mergers, which have historically posed challenges for investors and companies alike. By leveraging Chainlink's innovative technology and the expertise of these major financial players, the initiative seeks to create a more reliable and streamlined process for managing corporate actions in the financial sector.
source: https://www.coindesk.com/business/2025/09/29/chainlink-teams-with-major-financial-institutions-to-fix-usd58b-corporate-actions-problem