$LINK — Chainlink brings S&P Global data on-chain
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Chainlink has expanded its partnership with S&P Global Ratings: S&P’s Vault Risk Assessment data is being brought on-chain. The $LINK token rose nearly 2% on the news.
Another piece of news this week: the launch of CustodySync, which will allow qualified custodians to use assets held in custody as collateral for DeFi lending.
The market has long been waiting for traditional ratings and institutional custody to come to DeFi. Chainlink is once again at the intersection.
Subscribe to the channel—we round up the latest on tokens and projects every day. Not investment advice.
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Chainlink has expanded its partnership with S&P Global Ratings: S&P’s Vault Risk Assessment data is being brought on-chain. The $LINK token rose nearly 2% on the news.
Another piece of news this week: the launch of CustodySync, which will allow qualified custodians to use assets held in custody as collateral for DeFi lending.
The market has long been waiting for traditional ratings and institutional custody to come to DeFi. Chainlink is once again at the intersection.
Subscribe to the channel—we round up the latest on tokens and projects every day. Not investment advice.