Chainlink's LINK Surges with DigiFT and UBS Tokenization Project in Hong Kong

Reported 2 days ago

Chainlink's native token LINK surged 2.5% to over $24 as it partnered with DigiFT and UBS to automate tokenized fund operations in Hong Kong. The initiative, backed by Hong Kong's Cyberport Blockchain subsidy scheme, aims to streamline the distribution and management of tokenized funds via smart contracts, reducing paperwork and costs. This move comes alongside Chainlink's introduction of its Cross-Chain Interoperability Protocol to the Aptos blockchain, enhancing connectivity for decentralized finance applications.

Source: YAHOO

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