{"id":519496,"date":"2025-11-24T16:10:46","date_gmt":"2025-11-24T16:10:46","guid":{"rendered":"https:\/\/www.crypto-news-flash.com\/?p=1231786"},"modified":"2025-11-24T16:10:46","modified_gmt":"2025-11-24T16:10:46","slug":"grayscale-praises-chainlinks-infrastructure-role-after-filing-for-link-etf-listing","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2025\/11\/24\/grayscale-praises-chainlinks-infrastructure-role-after-filing-for-link-etf-listing\/","title":{"rendered":"Grayscale Praises Chainlink\u2019s Infrastructure Role After Filing for LINK ETF Listing"},"content":{"rendered":"<div class=\"eth-editorial-banner\"> <img decoding=\"async\" class=\"eth-editorial-logo\" src=\"https:\/\/www.crypto-news-flash.com\/wp-content\/uploads\/2025\/11\/cnf2-scaled-1-1-1.png\" alt=\"Crypto News Flash\"> <span class=\"eth-editorial-text\">All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.<\/span> <\/div>\n<ul>\n<li><strong>Grayscale has described Chainlink\u2019s infrastructure as an important tool in the growth of the tokenisation market.&nbsp;<\/strong><\/li>\n<li><strong>The Chainlink CCIP enables secure communication and value transfer between different blockchains.<\/strong><\/li>\n<\/ul>\n<hr>\n<p>Zach Pandl, Head of Research at Grayscale Investments, and Michael Zhao, Vice President in the Product and Research Group, released a <a href=\"https:\/\/research.grayscale.com\/reports\/the-link-between-worlds\" target=\"_blank\" rel=\"noopener\">research report<\/a> titled \u201cThe Link Between Worlds.\u201d The report opens by explaining that blockchains have the potential to transform finance, but their impact depends on strong connections to real-world assets and systems.<\/p>\n<p>According to the authors, Chainlink is \u201cthe critical connective tissue between crypto and traditional finance.\u201d<\/p>\n<h3>The Chainlink Solution<\/h3>\n<p>Grayscale emphasises that Chainlink\u2019s potential lies in its role in tokenisation. Over time, Chainlink has enhanced its impact by collaborating with leading financial institutions. For example, S&amp;P Global Ratings currently <a href=\"https:\/\/www.crypto-news-flash.com\/sp-global-taps-chainlink-to-publish-stablecoin-ratings-onchain-link-eyes-100\/\" target=\"_blank\" rel=\"nofollow noopener\">releases <\/a>its Stablecoin Stability Assessments (SSAs) on-chain via Chainlink.<\/p>\n<p>FTSE Russell uses Chainlink DataLink to publish its financial indices on-chain, with the system now supporting over $25 trillion in transaction volume and helping secure nearly $100 billion in DeFi value.<\/p>\n<p>According to the aforementioned report, Chainlink addresses several bottlenecks in decentralised finance with its suite of components. One of them is its Cross-Chain Interoperability Protocol (CCIP), which lets different blockchains communicate and move value reliably.<\/p>\n<p>Another component is Proof of Reserve (PoR), which CNF has previously <a href=\"https:\/\/www.crypto-news-flash.com\/chainlink-cpo-says-were-powering-nations-as-link-price-readies-for-next-bullish-leg\/\">explained <\/a>that it verifies data in real time, helping power nations, markets, and protocols. PoR helps reduce risks such as \u201cinfinite mint\u201d attacks or under-collateralization.<\/p>\n<p>Importantly, the research adds that,<\/p>\n<blockquote>\n<p>\u201cLINK is the largest asset by market capitalisation in the Utilities &amp; Services Crypto Sector, the \u2018picks and shovels\u2019 of on-chain finance.[11]LINK is also the largest asset in crypto that is not a Layer 1 token.\u201d<\/p>\n<\/blockquote>\n<h3>Grayscale\u2019s Chainlink ETF<\/h3>\n<p>The timing of Grayscale\u2019s research coincides with a major strategic push: the company has <a href=\"https:\/\/www.crypto-news-flash.com\/grayscale-files-for-first-ever-chainlink-link-etf-with-sec\/\" target=\"_blank\" rel=\"nofollow noopener\">filed <\/a>an S\u20111 registration statement with the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Chainlink Trust, which is managing about US$29\u202fmillion, into a spot Exchange Traded Fund (ETF).<\/p>\n<p>If approved, the ETF would trade on NYSE Arca under the ticker GLNK. Notably, the proposal includes a staking component that could allow third-party providers to stake assets while they remain in custody.<\/p>\n<p>Over the past week, LINK has dropped by <strong><span>17%<\/span><\/strong>, with a slight decline of <strong><span>0.6%<\/span><\/strong> in the last 24 hours. It is currently trading at <strong><span>$12.41<\/span><\/strong>, maintaining a market capitalisation of around $8 billion. As we <a href=\"https:\/\/www.crypto-news-flash.com\/link-eyes-50-as-chainlink-sees-adoption\/\">discussed<\/a> earlier, despite these short-term recent dips, analysts are still eyeing potential price targets as high as $50.<\/p>\n<p> <a href=\"https:\/\/www.crypto-news-flash.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Grayscale has described Chainlink\u2019s infrastructure as an important tool in the growth of the tokenisation market.&nbsp; The Chainlink CCIP enables secure communication and value transfer between different blockchains. Zach Pandl, Head of Research at Grayscale Investments, and Michael Zhao, Vice [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":519497,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[346,265,347,23403,25],"class_list":{"0":"post-519496","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-other","8":"tag-chainlink","9":"tag-grayscale","10":"tag-link","11":"tag-link-etf","12":"tag-news"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/519496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=519496"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/519496\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/519497"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=519496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=519496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=519496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}