Grayscale has stated that Chainlink will likely be on the middle of the subsequent main section of blockchain adoption, referring to the venture because the “essential connective tissue” that hyperlinks crypto to conventional finance.
In a latest analysis report, the asset supervisor argued that Chainlink (LINK)’s rising suite of software program instruments is rising as important infrastructure for tokenization, crosschain settlement and the broader shift towards real-world belongings on blockchain rails.
“A extra correct description of Chainlink at present could be modular middleware that lets on-chain purposes safely use off-chain knowledge, work together throughout blockchains, and meet enterprise-grade compliance wants,” Grayscale wrote.
The corporate added that this increasing footprint has helped flip LINK into the most important non–layer 1 crypto asset by market cap (excluding stablecoins), giving traders publicity to a number of ecosystems quite than a single chain.
Associated: Asset manager Grayscale Investments files for US IPO
Chainlink will orchestrate tokenization increase
Based on Grayscale, tokenization is the clearest pathway the place Chainlink’s worth turns into apparent. As we speak, practically all monetary belongings, from securities to actual property, are nonetheless recorded on off-chain ledgers. For these belongings to realize the effectivity and programmability of blockchains, they should be tokenized, verified and related to exterior knowledge sources.
“We count on Chainlink to play a central function orchestrating the method of tokenization, and it has introduced a wide range of partnerships, together with with S&P International and FTSE/Russel, that ought to assist it achieve this,” the asset supervisor wrote.
The tokenized asset market has grown from $5 billion to greater than $35.6 billion since early 2023, according to RWA.xyz.
Associated: Emory University ups stake in Grayscale’s Bitcoin ETF to $52M
Chainlink, JPMorgan, Ondo Full first crosschain DvP settlement
In June, Chainlink, JPMorgan’s Kinexys community and Ondo Finance completed a crosschain delivery-versus-payment (DvP) settlement between a permissioned financial institution fee system and a public blockchain testnet.
The pilot related Kinexys Digital Funds, JPMorgan’s permissioned fee community, with Ondo Chain’s testnet, which makes a speciality of tokenized real-world belongings. Utilizing Chainlink’s Runtime Setting (CRE) because the coordination layer, the settlement exchanged Ondo’s tokenized US Treasurys fund, OUSG, for fiat fee with out the belongings leaving their native chains.
Journal: 2026 is the year of pragmatic privacy in crypto — Canton, Zcash and more
