{
}
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.
Marcel Kasumovich
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Chainlink partners with major financial players to standardize corporate data
United States Dollar
Euro
Franklin Templeton - Franklin M
Coinbase Global, Inc.
Euroclear N.V.
SwiftCash USD
Marcel Kasumovich
Ali Martinez
Alan Santana
Show more
06:55 21.12.2024
chainlink partners with financial giants to standardize corporate action data
United States Dollar
Euro
Franklin Templeton - Franklin M
Euroclear N.V.
SwiftCash USD
Coinbase Global, Inc.
Marcel Kasumovich
Alan Santana
Simon Cowell
Ali Martinez
Show more
06:53 21.12.2024
chainlink partners with major financial firms to enhance corporate action data integration
United States Dollar
Euro
Franklin Templeton - Franklin M
Coinbase Global, Inc.
Euroclear N.V.
SwiftCash USD
Marcel Kasumovich
Alan Santana
Simon Cowell
Ali Martinez
Show more
11:01 20.12.2024
Coinbase and Chainlink Collaborate to Enhance Institutional Digital Asset Management
15:00 11.12.2024
chainlink price surges as institutional demand drives web3 adoption
11:25 11.12.2024
Coinbase enhances Project Diamond with Chainlink CCIP for cross-chain asset management
10:20 11.12.2024
Chainlink and Coinbase Collaborate to Enhance Tokenized Asset Ecosystem
00:48 11.12.2024
Chainlink partners with Coinbase to enhance tokenized asset management platform
22:32 10.12.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Finance Mergers & Acquisitions
Hedge Funds & Private Equity
Global Trade Developments
Global Financial Events
Market Analysis and Predictions
Financial Scams and Security
Government Policies
Banking Regulations
CEO Changes
Startups & Entrepreneurship
Economic Sanctions
Retail and Consumer Goods
Industry Mergers & Acquisitions
Central Bank Actions
Workplace Trends
International Relations
Government Economic Policies
Countries:
Companies:
JPMorgan Chase & Co.
Tesla, Inc.
The Goldman Sachs Group, Inc.
Wells Fargo & Company
Bank of America Corporation
Apple Inc.
Barclays PLC
Citigroup Inc.
Morgan Stanley
Berkshire Hathaway Inc.
Microsoft Corporation
SpaceXCoin USD
The Charles Schwab Corporation
AMERICAN EXPRESS
Amazon.com, Inc.
U.S. Bancorp
UBS Group AG
Banco Santander, S.A.
Deutsche Bank Money Market PP
Citizens, Inc.
Currencies:
United States Dollar
Euro
Indian Rupee
Chinese Yuan
Japanese Yen
British Pound Sterling
South Korean Won
Swiss Franc
United Arab Emirates Dirham
Canadian Dollar
Israeli New Shekel
Swedish Krona
Mexican Peso
New Taiwan Dollar
Egyptian Pound
People: