Grayscale Researchleading altcoin project Chainlink 
$11.88He explained that it plays a critical infrastructure role in the ever-growing tokenization ecosystem. company’s last to the report According to Chainlink, it is not limited to the oracle network that integrates real-world data into Blockchain systems, but also bridges the world of traditional finance and cryptocurrency with cross-Blockchain compatibility and regulatory solutions. Grayscale also noted that the tokenization market has reached a size of $35 billion today, but this corresponds to only 0.01 percent of global financial assets.
Chainlink’s Role as a Bridge Between Financial Systems
According to Grayscale’s report Chainlink It has become not only an oracle network that provides price data, but also an infrastructure layer that enables cross-blockchain transfer and compatibility of financial assets. The company, Chainlink Cross-Chain Interoperability Protocol He emphasized that the (CCIP) system allows token and message transfer between different Blockchains, which creates great convenience for corporate integrations. JP Morgan’s Kinexys Testing with the platform and Ondo Finance proved the feasibility of this technology at the corporate level.
Grayscale, Chainlink S&P Global And FTSE Russell It evaluates that the integrations it has established with financial giants such as can increase the speed of traditional markets’ adoption of in-Blockchain solutions. In the report LINK coinIt was stated that it offers a diversified exposure to the cryptocurrency infrastructure layer, and it was emphasized that Chainlink creates a “critical connective tissue between cryptocurrency and traditional finance”.
The company said that the tokenization market has reached $35 billion today, from $5 billion at the beginning of 2023, but this is still the case with global fixed income. securities And stocksHe stated that it was a small share compared to the huge total of . According to the report, as banks and asset managers adopt Blockchain infrastructure, the demand for solutions such as Chainlink will increase exponentially. The company predicts that accelerated growth could strengthen LINK coin’s value potential.
Grayscale’s ETF Move for Chainlink
On the other hand, Grayscale recently raised $29 million in Chainlink Trust funds. ETFHe applied to convert it to . The ETF, which will be traded on NYSE Arca under the code GLNK, will be the first Chainlink ETF in the USA if approved. Also ETF altcoin It is stated that it will offer passive income potential to investors as one of the first products with a staking component.
