Oracle leader positioned for $70T+ securities tokenization as SEC approves DTCC pilot using Chainlink infrastructure.
What's Happening:
$LINK falls 6.54% to $12.72 amid broad market selloff despite major fundamentals
DTCC receives SEC No-Action Letter for regulated tokenization service launching H2 2026
Chainlink CCIP set to manage blockchain-based securities settlements for Russell 1000 stocks and Treasury bonds
Partnership builds on 2023 SWIFT interoperability project and September corporate actions initiative
Why It Matters: The DTCC approval is arguably the most significant institutional crypto development of the year. When the organization that settles virtually all US securities chooses Chainlink, it validates years of infrastructure building. The three-year pilot covering Russell 1000 stocks and US Treasuries could bring trillions in assets on-chain, with Chainlink as critical infrastructure.
Technical View: LINK broke below $13 support despite bullish fundamentals - a testament to macro dominance. Support at $12.47 (24h low), resistance at $13.74. The disconnect between price action and fundamental development creates interesting long-term opportunity. Oversold conditions may attract dip buyers.
🎯 Key Levels:
Support: $12.47 | Resistance: $13.74
24h Range: $12.47 - $13.74
💡 When DTCC picks your oracle for settling trillions, short-term price is noise - institutions are building on fundamentals
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Chainlink #LINK #DTCC #Tokenization #Oracle
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
