Chainlink News: LINK Slips 4% Despite LG CNS Banking Deal
Photo: The Coin Republic
Key Insights Chainlink news highlighted LG CNS’s October 22 partnership announcement targeting South Korean financial institutions. LINK price declined approximately 4.4% to $11.96 despite the institutional blockchain agreement. LINK faces support near $11.80, while a recovery could bring $12.60 into focus. Chainlink news focused on South Korea on October 22 as LG CNS detailed its blockchain partnership. However, LINK declined approximately 4.4% to $11.96, according to CoinCodex. The agreement targets stablecoins, tokenized securities, and connectivity between traditional financial systems and blockchains. Neither company disclosed financial terms, deployment deadlines, or confirmed institutional LINK purchases.
Source: The Coin Republic
