Grayscale Research: Chainlink, the Foundation of Tokenized Finance

Grayscale Research considers Chainlink a critical infrastructure for the growing market of tokenized assets. The research emphasizes that Chainlink's services enable real-world data streams, compliance, and cross-blockchain interactions.

Chainlink's innovative solutions, such as the Cross-Chain Interoperability Protocol (CCIP), allow for benefiting from the growth of tokenized assets. Grayscale estimates the current market value to be approximately 35 billion dollars and indicates that this figure is expected to increase.

This report comes immediately after Grayscale applied to convert its Chainlink Trust into an exchange-traded fund (ETF). The fund is expected to be traded on the NYSE Arca exchange.