$LINK is about to take off
On October 27, Abu Dhabi asset manager Further Asset Management announced that it had adopted Chainlink ACE to provide automated compliance capabilities for its Anubis platform.
Simply put, in the future, institutions issuing, holding, and trading RWAs will be able to automatically enforce rules on-chain, such as KYC, anti-money laundering, and trading restrictions. The first phase focuses on the Abu Dhabi Global Market (ADGM) financial center.
As of around 5 p.m. on October 28, LINK was trading at about $11.79, up 3.9% over 24 hours. Trading volume for the LINK/USDT spot pair alone was about $12.44 million.
What I’m paying attention to isn’t this modest price increase, but the fact that Chainlink is expanding beyond oracles into RWA data, cross-chain services, and compliance infrastructure.
On the token front, Chainlink Reserve already has a mechanism for converting some business revenue into LINK. However, this partnership has not disclosed any revenue, nor does it show how much additional buying demand for LINK it may generate.
There are also competitive risks: large institutions could very well build their own compliance solutions.
Long-term outlook: slightly stronger. Action: keep watching; don’t chase the rally.
Next, watch for real institutional adoption and whether the Reserve continues to grow.
#FBI确认朝鲜应对币安被盗事件负责
On October 27, Abu Dhabi asset manager Further Asset Management announced that it had adopted Chainlink ACE to provide automated compliance capabilities for its Anubis platform.
Simply put, in the future, institutions issuing, holding, and trading RWAs will be able to automatically enforce rules on-chain, such as KYC, anti-money laundering, and trading restrictions. The first phase focuses on the Abu Dhabi Global Market (ADGM) financial center.
As of around 5 p.m. on October 28, LINK was trading at about $11.79, up 3.9% over 24 hours. Trading volume for the LINK/USDT spot pair alone was about $12.44 million.
What I’m paying attention to isn’t this modest price increase, but the fact that Chainlink is expanding beyond oracles into RWA data, cross-chain services, and compliance infrastructure.
On the token front, Chainlink Reserve already has a mechanism for converting some business revenue into LINK. However, this partnership has not disclosed any revenue, nor does it show how much additional buying demand for LINK it may generate.
There are also competitive risks: large institutions could very well build their own compliance solutions.
Long-term outlook: slightly stronger. Action: keep watching; don’t chase the rally.
Next, watch for real institutional adoption and whether the Reserve continues to grow.
#FBI确认朝鲜应对币安被盗事件负责
