Streamex Corp. has partnered with Chainlink to do what any self-respecting stablecoin would do: trot out gold-backed grandeur with a side of blockchain wizardry. Because nothing says “trust me” like institutional-grade transparency, unless it’s institutional-grade transparency with a QR code for your gold vault.
Chainlink’s Proof of Reserve is here to ensure GLDY’s gold backing is as verifiable as a witch’s hat in Ankh-Morpork, providing institutional investors with tamper-proof data. Because if your gold reserves can’t be audited by a bemused golem, are they even gold?
Chainlink’s CCIP (Cross-Chain Interoperability Protocol) will then let GLDY strut its stuff across Base, Solana, and presumably any blockchain with a grand enough stage. Because why settle for one chain when you can baffle everyone with cross-chain jazz?
Backed Finance and Crypto Finance have followed suit, using Chainlink’s tools to tokenise real-world assets like stocks and ETFs. Because nothing says “TradFi meets blockchain” like turning a loaf of bread into a NFT and calling it property. 🍞
Nasdaq-listed Streamex, a regulated platform for commodity tokenization, has roped in Chainlink as its oracle and interoperability provider. Because what’s a stablecoin without a oracle whispering market prices into its ear? 🧙♂️✨
Chainlink’s Tokenised Finance Footprint: Larger Than a Discworld Dwarf’s Rainbow
Chainlink’s expansion into tokenised finance is growing like a well-watered Discworld mushroom-quietly, and with slightly fewer fungi. 🍄
Backed Finance’s recent Chainlink integration ensures tokenised stocks and ETFs are backed 1:1, probably. For all that’s holy, this means each token is “fully backed” by the real-world asset. Mostly. Subject to change without notice. 🚨
Crypto Finance’s adoption of Chainlink’s PoR means verifiable Bitcoin and Ethereum reserve data for nxtAssets ETFs. It’s like a blindfolded custodian whispering “I’m definitely not touching those wallets… probably just checking the balance. 👀”
Meanwhile, LINK’s price meanders between $17 and $19 like a student on a budget, occasionally dipping to $15 during market crashes. Analysts predict a $46 rally-but first, it’ll probably retest the $15 level, because nothing breaks the heart faster than a blockchain prophecy. ✨
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2025-10-28 10:14