Westpac Institutional Bank and fixed-income trading platform Imperium Markets have adopted Chainlink’s cross-chain interoperability and compliance tools in Project Acacia, a pilot run with the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre. The trial links tokenised financial assets on public blockchains with Australia’s PayTo real-time payments rails, delivering delivery-versus-payment settlement between digital tokens and bank money. By automating asset settlement and synchronising it with fiat payments, the partners aim to demonstrate how capital-markets transactions can be finalised in seconds while meeting regulatory and cybersecurity standards. The RBA has estimated that widescale tokenisation could cut issuance and administration costs for Australian issuers by as much as A$12 billion a year, making the pilot a key test case for institutional adoption of on-chain finance.