Chainlink price remains a focal point of the entire crypto market as the DeFi giant continues to further its reach into the TradFi industry. The latest addition to the long list of Chainlink data Oracle users is Superstate, an asset management fund with over $103 million in Assets under management (AuM). LINK price, however, doesn’t reflect this fundamental development. A bearish pattern breakout threatens to pull the price back to $8.00.
On-Chain Metrics Hint Potential Sell-Off
On August 12, Chainlink announced a partnership with Superstate, an asset management firm specializing in tokenized financial products.
Asset management firm @superstatefunds is now leveraging #Chainlink’s infrastructure for tokenized assets.
How Chainlink Data Feeds and soon Proof of Reserve help bring critical NAV and AUM data onchain for Superstate’s USTB tokenized treasuries fund ↓https://t.co/4rrW2VcY05 pic.twitter.com/K3OA6GnhAi
— Chainlink (@chainlink) August 12, 2024
Superstate will integra
We współpracy z: https://coingape.com/markets/chainlink-price-targets-lower-support-amid-100m-superstate-oracle-integration/
