Reported 1 day ago
Publicly traded asset manager Caliber has recently purchased approximately $6.5 million worth of Chainlink (LINK) to build its treasury, with total investments in LINK reaching about $6.7 million in just over a month. CEO Chris Loeffler emphasized the unique value of Chainlink, citing its institutional adoption and utility for the firm's operations. By leveraging Chainlink's oracle network, Caliber aims to automate and enhance its asset valuation process, bringing critical off-chain data on-chain for improved transparency and potential cost savings.
Source: YAHOO