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Chainlink News: New DeFi Lending Tool Launches, Will LINK Rally?

Chainlink News: New DeFi Lending Tool Launches, Will LINK Rally?

Photo: The Coin Republic

Key Insights Chainlink News: CustodySync launched with Anchorage Digital to connect regulated custody with decentralized finance lending markets. Chainlink estimated $700 billion in digital assets under custody, identifying potential institutional borrowing demand. LINK price traded near $11.48, while technical indicators suggested stabilization after recent selling pressure. Chainlink News took a new institutional direction on Oct. 26 after Chainlink launched CustodySync with Anchorage Digital. The integration connects regulated custodians with decentralized finance (DeFi) lending markets while keeping client assets under custody. The announcement arrived as LINK price traded near $11.48, according to the supplied Coinbase TradingView chart.

Source: The Coin Republic

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