Browsing: tokenized finance

The newly launched Chainlink ETF is making waves in the financial landscape, debuting with an impressive $64 million valuation courtesy of Grayscale.This exchange-traded fund represents a pivotal shift, giving institutional investors direct exposure to the Chainlink ecosystem via the LINK token, amidst the rise of tokenized finance and decentralized finance (DeFi).

Grayscale Research has identified Chainlink as essential infrastructure for the development of tokenized finance. The firm emphasizes that Chainlink plays a crucial role in facilitating decentralized finance (DeFi) applications. Chainlink’s decentralized oracle networks enable smart…