Chainlink partners with Swift, UBS, and Euroclear to tackle $58B AI risk in corporate actions

Corporate actions, the mundane-sounding category that covers dividends, mergers, stock splits, and other events that companies inflict on their shareholders, costs the global financial industry an estimated $58 billion per year. That number is climbing by 10% annually. Chainlink just showed up with receipts suggesting it can fix the problem. The oracle network announced the results of Phase 2 of its corporate actions initiative on September 29, 2025, revealing that a coalition of 24 major financial institutions achieved near-100% consensus on corporate actions data processed through a combination of AI models and blockchain infrastructure. The participants read like a who’s-who of global finance: Swift, DTCC, Euroclear, UBS, DBS Bank, and BNP Paribas Securities Services, among others. Why corporate actions are a $58 billion headache When a company announces a stock split or a dividend, that information needs to flow accurately across thousands of institutions, custodians, and brokers. A single corporate event can generate costs as high as $34 million and involve over 110,000 interactions among firms. The reason it’s so expensive is almost embarrassingly simple: less than 40% of cor...