Chainlink Powers RWA Tokenization & Cross-Chain Settlement
Grayscale’s latest research report identifies Chainlink as essential modular middleware for real-world asset (RWA) tokenization and cross-chain settlement. The report dubs LINK the “critical connective tissue” linking on-chain applications with off-chain data, enabling enterprise-grade compliance. Chainlink’s modular software suite powers tokenization workflows and cross-chain delivery-versus-payment (DvP) settlements.
Partnerships with S&P Global and FTSE Russell underscore Chainlink’s role in streamlining the conversion of securities, real estate, and other off-chain assets into programmable tokens. The tokenized asset market has surged from $5 billion to over $35.6 billion since early 2023. In June, Chainlink’s Runtime Environment facilitated a live DvP pilot between JPMorgan’s Kinexys network and Ondo Finance, settling tokenized U.S. Treasurys against fiat without moving assets off their native chains. Grayscale also notes that LINK is now the largest non-layer-1 crypto asset by market cap, offering investors multi-ecosystem exposure.
Bullish
This report from Grayscale highlights Chainlink’s expanding enterprise use cases and strategic partnerships, which are likely to boost demand for LINK. In the short term, the positive sentiment around tokenization pilots and cross-chain settlements may drive trading volume and price appreciation. Over the long term, Chainlink’s role as core middleware for RWA tokenization and compliance infrastructure should attract institutional capital, underpinning sustained growth in LINK’s market cap.