{ }
Chainlink is partnering with Euroclear, Swift, and Franklin Templeton to standardize corporate data for equity and fixed income securities, addressing data proliferation during corporate events. This initiative aims to enhance market efficiency and reduce fragmentation across jurisdictions.Additionally, Chainlink's collaboration with Coinbase's Project Diamond will facilitate interoperability between public and private blockchains, supporting the lifecycle management of digital assets. Analysts predict potential price increases for Chainlink (LINK), with projections suggesting it could rise significantly if it surpasses key resistance levels.
Chainlink is enhancing global finance by standardizing corporate action data through partnerships with Euroclear, Swift, and Franklin Templeton, aiming to improve market efficiency and reduce fragmentation. The initiative utilizes decentralized oracles and large language models to create structured "Golden Records" for seamless data transfer across blockchains.Additionally, Chainlink's collaboration with Coinbase's Project Diamond supports the management of digital assets, reinforcing compliance and interoperability between public and private blockchains. As LINK's price shows significant growth, analysts predict potential further increases, with varying forecasts on its future value.
Chainlink is revolutionizing corporate action data by partnering with major financial entities like Euroclear, Swift, and Franklin Templeton to enhance market efficiency and reduce fragmentation. The initiative aims to standardize data across equity and fixed-income securities, utilizing decentralized oracles and advanced technologies for seamless blockchain integration.Currently, Chainlink (LINK) is trading at approximately $29, experiencing significant price appreciation. Analysts predict potential price targets of $47 to $61 if it surpasses key resistance levels, while concerns over whale movements from Binance add volatility to the market.
Coinbase's Project Diamond has integrated Chainlink's technology to enhance cross-chain interoperability and secure asset management for institutional digital assets. This collaboration aims to streamline the lifecycle management of tokenized assets while ensuring compliance, with Peregrine as the first major user in the Abu Dhabi Global Market. The integration promises to reduce costs, improve transparency, and unlock new liquidity for institutional investors, positioning Project Diamond as a key player in the future of digital asset management.
Chainlink (LINK) is experiencing a bullish trend, driven by increased institutional demand, particularly from Coinbase, as it expands into the MENA region. The network's services are now available on 18 top blockchains, and LINK has surged over 63% in the past month, aiming for an all-time high of $50. The partnership with Coinbase's Project Diamond will enhance the management of tokenized assets, further solidifying Chainlink's role in on-chain finance.
Coinbase has integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP) into its Project Diamond, enhancing the platform's capabilities for institutional users by ensuring secure data and cross-chain connectivity. This collaboration aims to streamline tokenized asset management while addressing compliance requirements, fostering the growth of decentralized applications and optimizing transaction processes. The partnership also signifies Chainlink's expansion in the MENA region, responding to the rising demand for tokenized assets and reliable on-chain data.
Chainlink has partnered with Coinbase to enhance the tokenized asset ecosystem through the integration of its Cross-Chain Interoperability Protocol (CCIP) into Coinbase's Project Diamond. This collaboration aims to improve asset management and facilitate seamless exchanges between public and private blockchains, catering to institutional investors.The integration will provide secure and compliant solutions for financial transactions while addressing the demand for reliable on-chain data, including compliance information. As institutional interest in blockchain grows, this partnership positions Chainlink as a key player in the digital asset market.
Chainlink has integrated with Coinbase’s Project Diamond, enhancing the management of tokenized assets for global institutions. This collaboration will utilize Chainlink’s Cross-Chain Interoperability Protocol to ensure data connectivity between various blockchain networks and existing financial systems.Project Diamond, regulated by the Financial Services Regulatory Authority of the Abu Dhabi Global Market, aims to facilitate institutional adoption of digital assets. Chainlink Labs is also establishing a presence in Abu Dhabi to expand its operations in the MENA region, anticipating a $10 trillion tokenized asset market by 2030.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.