The Chainlink network has attracted more institutional investors led by DTCC and SWIFT, seeking to tap into its reliable web3 solutions such as CCIP.
On-chain data shows whale investors accumulated over 10M LINK, worth more than $120M, in the past two weeks, bolstering its bullish recovery.
Chainlink (LINK), a reputable smart contract chain offering multi-chain capabilities, is well-positioned to enable the mass adoption of digital assets and web3 projects. According to Chainlink’s co-founder Sergey Nazarov, more institutional investors are using the Chainlink network to tokenize real-world assets (RWAs).
“RWAs have the ability to hold critical pieces of data that prove important things about the underlying asset much quicker and more effectively than traditional systems. Good examples are Chainlink’s usage to put NAV data on-chain for large CSDs and proof of reserve about the current state of an underlying asset,” Nazarov noted.
Growing Chainlink Ecosystem
The Chainlink networ
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