Ethereum

2024

DeFi

Chainlink

Chainlink (LINK), the 14th largest cryptocurrency by market capitalization, has witnessed a significant surge in its price, rising over 8.89% in the past 24 hours and trading at $18.61, according to Coinmarketcap data.&nbsp; 
This rally is attributed to the anticipation surrounding Chainlink’s collaboration with Swift, the international payments platform, at the upcoming Consensys conference in Austin, Texas. 
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 15,000+ people from 100+ countries are attending <a href="https://twitter.com/consensus2024?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@consensus2024</a>. We are excited to be on the ground with multiple events and experiences, including a <a href="https://twitter.com/SergeyNazarov?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@SergeyNazarov</a> keynote and a fireside chat with Swift. Plan your schedule around everything Chainlink ⬇️<a href="https://t.co/pmL1CgeoJZ" target="_blank">https://t.co/pmL1CgeoJZ</a> <a href="https://t.co/WwSqUJsg2H" target="_blank">pic.twitter.com/WwSqUJsg2H</a>— Chainlink (@chainlink) <a href="https://twitter.com/chainlink/status/1795094355566276732?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">May 27, 2024</a>
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​Chainlink has <a href="https://x.com/21Shares/status/1795169852736274664" target="_blank" rel="noreferrer noopener nofollow">stated</a> that this partnership proves that existing infrastructure can merge with the new world of blockchains. Earlier this month, the Depository Trust &amp; Clearing Corporation (DTCC), the largest settlement and clearinghouse in the U.S., announced a tokenization pilot involving Wall Street giants JP Morgan and BNY Mellon. This pilot called Smart NAV leveraged Chainlink’s decentralized cross-chain communication to allow institutional investors on Wall Street to share mutual fund information to public networks. 
Chainlink remains <a href="https://x.com/chainlink/status/1794794164564967440" target="_blank" rel="noreferrer noopener nofollow">engaged</a> in a process of decentralization networks, such as Ethereum, Arbitrum, Polygon, and Base. The project network has advanced in nine blockchains growing in the DeFi industry. 
Chainlink project co-founder Sergey Nazarov expressed optimism for Ethereum and digital assets following the historic approval of Ethereum exchange-traded funds (ETFs). He said this is just the start, showing a clear trend towards wider use of digital assets in global capital markets. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/05/22/chainlink-and-arta-techfin-expand-digital-asset-partnership/" target="_blank" rel="noreferrer noopener">Chainlink and Arta TechFin Expand Digital Asset Partnership</a> 
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Chainlink Partners with Swift at Consensys Conference

The Crypto Times

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