Trading King

08/12 09:27

Institutions ramp up LINK exposure

Institutions ramp up LINK exposure

Having said that, institutions are also moving in now. Chainlink’s collaborations span global giants like Fidelity, Swift, DTCC, Citi, JPMorgan, and BNP Paribas – Positioning it as a core Web3 infrastructure provider.

According to Chainlink’s Zach Rynes, Chainlink Reserve was the answer to how users paid in fiat but tied the economics to its token.

As a result, the DEX volumes rose since the conversions were done on decentralized exchanges. Figures for the same were asChainlink is also a major contender for tokenizing Wall Street, as previously advised by the U.S Securities and Exchange Commission (SEC).

Apart from institutional involvement, where does the price action stand though? Is it on the right track? high as $1.298 billion in the last 24 hours.

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