Chainlink's Reserve Surges as UBS Partners for Tokenized Fund Pilot
Chainlink, a leading decentralized oracle network, has seen a significant boost in its reserve this week. A total of 46,441 LINK tokens were added, with ShapeShift contributing the entire amount. This growth reflects Chainlink's increasing appeal to institutions and the broader trust in onchain financial systems.
Chainlink's Reserve program, which supports the network's long-term growth and financial sustainability, has now accumulated over 417,000 LINK tokens. This week's addition is a testament to the network's expanding institutional use.
In a notable development, Chainlink has partnered with Swiss banking giant UBS to launch a tokenized fund pilot using SWIFT messaging standards. This collaboration illustrates how Chainlink is integrating into institutional workflows without requiring banks to overhaul their legacy infrastructure. Additionally, Payment Abstraction has been extended to offchain enterprise revenue, allowing institutions to contribute to the reserve fund without disrupting their existing billing models.
With 46,441 LINK tokens added this week, Chainlink's Reserve continues to grow, reflecting the network's shift toward institutional use and the broader trust in onchain financial systems. The UBS partnership further cements Chainlink's role in the institutional landscape, demonstrating its ability to embed itself into established workflows.
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