Chainlink Launches CustodySync for Institutional DeFi Lending

CustodySync is a structural fix rather than a new product category: it attacks the long-standing collateral conflict in institutional DeFi, where lending required assets to leave qualified custody. Keeping balances in custody while tokenizing a restricted-transfer claim, with Proof of Reserve attesting to the underlying, is what makes regulated lenders able to participate without breaking their custody arrangements. The shared price feeds across custodians and protocols are the quieter but more consequential piece, since LTV disputes between counterparties have been a persistent operational friction. Whether other custodians follow Anchorage, and whether restricted-transfer receipts gain acceptance as collateral beyond the launch partner, is the open question.