Chainlink co-founder Sergey Nazarov says the recent crypto market downturn has inadvertently shown “how far the industry has progressed.” Chainlink co-founder Sergey Nazarov argues the recent crypto market downturn is unlike any previous bear market — there have been no major FTX-style collapses, and tokenized real-world asset (RWA) growth remains substantial. Market cycles are normal, “but what is important is what those cycles reveal about how far the industry has progressed,” said Nazarov on X on Tuesday. Crypto market capitalization has fallen 44% from its October all-time high of $4.4 trillion, with almost $2 trillion exiting the space in just four months. Read more
Wemade added Chainlink to its Korean won stablecoin alliance to strengthen oracle and data infrastructure as South Korea debates stablecoin regulation. Blockchain company Wemade added Chainlink Labs to its Global Alliance for KRW Stablecoins (GAKS), expanding the consortium’s data and oracle infrastructure as it builds compliance-focused rails for won-pegged stablecoins. On Tuesday, Wemade announced that Chainlink will provide technical support for data integrity, infrastructure standards and tokenized asset use cases. Wemade said Chainlink’s role will also focus on supporting standardization and enabling alliance members to leverage oracle services. The addition follows earlier partnerships with blockchain analytics firm Chainalysis, security auditor CertiK and remittance provider SentBe, which collectively formed the GAKS initiative. Read more
The planned altcoins listings will expand CME’s regulated crypto derivatives contracts beyond Bitcoin, Ether, XRP and Solana. Chicago-based derivatives exchange CME Group is moving to deepen its exposure to altcoins as demand for regulated crypto products continues to expand in the United States. CME Group said Thursday that it plans to list futures contracts tied to Cardano (ADA), Chainlink (LINK) and Stellar (XLM) on Feb. 9, pending regulatory approval. The proposed contracts would broaden CME’s crypto derivatives suite regulated by the Commodity Futures Trading Commission, which includes futures and options linked to Bitcoin (BTC), Ether (ETH), XRP (XRP) and Solana (SOL). The exchange said the new offerings are aimed at meeting growing interest from market participants seeking exposure to digital assets. CME plans to offer both standard and micro futures contracts for each altcoin, with position sizes ranging from 10,000 to 100,000 ADA, 250 to 5,000 LINK and 12,500 to 250,000 XLM. Read more
Grayscale says Chainlink will anchor the next phase of blockchain adoption, positioning LINK as the core infrastructure powering tokenization. Grayscale has said that Chainlink will be at the center of the next major phase of blockchain adoption, referring to the project as the “critical connective tissue” that links crypto to traditional finance. In a recent research report, the asset manager argued that Chainlink (LINK)’s growing suite of software tools is emerging as essential infrastructure for tokenization, crosschain settlement and the broader shift toward real-world assets on blockchain rails. “A more accurate description of Chainlink today would be modular middleware that lets on-chain applications safely use off-chain data, interact across blockchains, and meet enterprise-grade compliance needs,” Grayscale wrote. Read more
The partnership will place key FTSE Russell and Russell index data on blockchains, expanding public access to reliable market information. Global index provider FTSE Russell has partnered with Chainlink to publish its benchmark equity and digital asset indexes onchain, highlighting how blockchain technology is being used to deliver institutional-grade market data. On Monday, Chainlink announced that data for the Russell 1000, Russell 2000 and Russell 3000 small-cap indexes, the FTSE 100 Index and several digital asset benchmarks will be made available across multiple blockchains via DataLink, an institutional-grade publishing service powered by the oracle network. The Russell indexes, widely used as benchmarks for US small- and mid-cap stocks, are tracked by more than $18 trillion in assets globally. Read more
Banco Inter and Chainlink test cross-border trade finance using Brazil’s Drex and Hong Kong’s Ensemble networks in landmark blockchain pilot. Brazilian digital bank Banco Inter has completed a blockchain-based international trade finance pilot with Chainlink, the Central Bank of Brazil and the Hong Kong Monetary Authority (HKMA), showcasing how distributed ledger technology can simplify cross-border settlement. The experiment took place under Phase 2 of Brazil’s Drex central bank digital currency (CBDC) project and simulated the settlement of export transactions between Brazil’s Drex network and Hong Kong’s Ensemble platform, a blockchain system developed under the HKMA’s Project Ensemble initiative. Chainlink provided the interoperability infrastructure connecting the two networks, according to Banco Inter. Read more
AllUnity’s euro-pegged MiCA-compliant stablecoin, EURAU, is expanding across major blockchains using Chainlink’s CCIP protocol. AllUnity’s euro-backed stablecoin, EURAU — a joint venture between Deutsche Bank and asset manager DWS — is expanding across multiple blockchains by using Chainlink’s crosschain infrastructure. According to a Thursday announcement shared with Cointelegraph, EURAU will use Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to connect with Ethereum, Arbitrum, Base, Optimism, Polygon and Solana. The company said it also plans to extend the stablecoin to the Canton Network, a blockchain focused on institutional financial applications. AllUnity CEO Alexander Höptner said the CCIP will allow EURAU to “operate seamlessly across multiple blockchains,” improving its reach and usability. Chainlink Labs’ president of banking and capital markets, Fernando Vazquez, added that the integration lays the groundwork for Europe’s next phase of tokenized finance. Read more
S&P Global Ratings and Chainlink have partnered to provide onchain stablecoin risk profiles for TradFi players looking to enter or expand into the $300 billion market. S&P Global Ratings has partnered with blockchain oracle provider Chainlink to give financial institutions onchain access to its new stablecoin stability assessments, which rate each stablecoin by how well it maintains its peg. The Stablecoin Stability Assessments (SSAs) launched on the Ethereum layer-2 network Base on Tuesday, with potential to expand to other blockchains, subject to market demand and client feedback, S&P Global and Chainlink said in a statement seen by Cointelegraph. “As institutional adoption of digital assets accelerates, the ability to access real-time risk assessments directly within blockchain infrastructure has become crucial for market participants.” Read more
Cryptocurrencies are where the blockchain industry is today, “but tokenization is where it’s going next,” Chainlink’s co-founder Sergey Nazarov told Cointelegraph. With Paul Atkins as US Securities and Exchange Commission chairman, the path “towards the tokenization of the financial system” is now clear, according to Sergey Nazarov, co-founder of Chainlink Labs. Speaking to Cointelegraph, Nazarov said it won’t be easy because it comes with a slew of separate challenges with regard to tokenizing data, cross-chain connectivity, compliance and many other areas. But if and when it happens, the consequences could be huge. Consider only that the market capitalization of all the cryptocurrencies in the world is now about $4 trillion. If traditional financial assets were tokenized and brought onchain, that could boost market cap tenfold or more, he said. Read more
Chainlink integrated its data services and crosschain protocol into the institutional blockchain Canton Network and joined as a super validator. Chainlink has integrated with the Canton Network, an institutional blockchain backed by global banks and technology firms, in a move aimed at strengthening institutional adoption of blockchain technology. The partnership, announced Wednesday, brings Chainlink’s data service, including its data streams, smartdata (proof of reserve and NAVLink) and the crosschain interoperability protocol (CCIP) onto the Canton Network. The network has also joined the Chainlink Scale program, which helps cover oracle operating costs. As part of the agreement, Chainlink Labs will become a Canton Network “super validator.” A super validator is a combined node that runs a domain validator and a Canton synchronizer node. It participates in the Global Synchronizer to order and finalize cross-domain transactions, providing consensus and interoperability across the network. Read more