Octalink to Hollowtech II

[One-eyed Sailor]

Good morning Rats,
I have an old Cannondale F29 mtb that I'd like to upgrade the crankset from an Octalink to a Hollowtech II.
I searched Shimano's compatibility site and watched a couple of videos but am still unsure if it's possible.
Wilson has a BB30 68mm shell.

Any advice is greatly appreciated!

Edit: I also have doubts about chainline with this change.

 

[One-eyed Sailor]

For those interested, Yes! It worked great!
Just be sure you add shims as instructed in the dealer manual.
Peace

I forgot to mention that the BB30 is threaded.