Chainlink has partnered with Bridgetower to tokenize over $11 billion in securities, leveraging its institutional platform to bring the DOM X Arizona Copper-Gold Project on-chain. This integration utilizes Chainlink's Cross-Chain Interoperability Protocol, Proof of Reserve, and NAVLink solutions, embedding KYC, KYB, and AML controls at the protocol level. The move is expected to enhance Chainlink's position in the asset tokenization sector.
Despite this development, Chainlink's LINK token faces short-term resistance between $9.50 and $10.50, trading at $9.31 after a recent dip from intraday highs. The token's price remains influenced by broader market dynamics and geopolitical factors, with key support at $8.70–$9.00. Analysts suggest that while the tokenization milestone could provide momentum, macroeconomic conditions continue to weigh on LINK's price trajectory.
Chainlink Partners with Bridgetower to Tokenize $11 Billion in Assets
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