Chainlink to Review Euro/Won T+0 Settlement Framework
Project Pangea was announced June 23 in Zurich by Chainlink, PairSquare Labs, Qivalis (a European bank consortium), and UniKA (a South Korean bank alliance).
UniKA's steering committee includes Shinhan Bank, JB Financial Group, K bank, PairSquare Labs, and OBDIA, with more than 10 South Korean commercial banks participating overall.
Qivalis comprises 37 European banks; the initiative remains at the framework-development stage rather than an operational settlement network.