Chainlink now streams prices for $40 trillion of Asian stocks. So why is LINK still 79% below its all-time high? Chainlink just expanded its oracle network to cover a staggering slice of Asian stock markets, yet LINK holders have almost nothing to show for it. The reason comes down to a disconnect between what Chainlink sells and what actually drives... This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Chainlink (CRYPTO: LINK) announced that its APAC Equities Streams now cover more than $40 trillion of Asian stock markets. Despite this significant development, the Chainlink LINK price is trading 79% below its all-time high. The data streams provide share pricing for countries such as China, Japan, South Korea, Taiwan, and Hong Kong, including major companies like Taiwan Semiconductor Manufacturing (NYSE: TSM | TSM Price Prediction), Tencent, Samsung, SK Hynix, and BYD. These real-time price feeds are currently available on crypto trading platforms, such as Lighter and Jupiter. Chainlink operates as an oracle network, meaning it supplies external data, like stock prices, directly to blockchains, enabling various crypto applications to use that information. Just a day before the APAC feeds announcement, Chainlink launched its Chainlink 24/7 service, which provides pricing for stocks and commodities even on weekends and holidays. The service launched with lending protocol Aave as its initial partner. However, the LINK token saw minimal movement in response to these launches. As of November 3, LINK trades at $11.12, down 0.2% in the last 24 hours and 22.3% over the past 30 days. This price is about 79% below its peak of $52.70 in May 2021, making it the 17th most valuable cryptocurrency by market cap. Chainlink offers Asian stock prices to crypto platforms. Chainlink's Data Streams are high-frequency price products, as the company states in its developer documentation. The APAC version covers major stock indices and individual stocks during the trading hours of each home exchange. Notably, Korea and Japan are quote-only markets, meaning their feeds report only prices and do not provide the last traded price. In contrast, the feeds from China, Hong Kong, and Taiwan include actual trade data. These price feeds are primarily sold to crypto trading platforms. When a platform utilizes Chainlink's feed, it can leverage the prices to value contracts tied to Asian stocks, allowing users to trade on stock price movements without needing a brokerage account in cities like Taipei or Seoul. The Chainlink 24/7 service addresses the weekend trading gap, ensuring that platforms like Aave have live pricing for stock-linked collateral even when traditional exchanges are closed. The $40 trillion mentioned refers to the combined market value of the stocks being quoted, not the trading volume or any fees paid to Chainlink. For instance, TSMC alone is valued at approximately $2.1 trillion, yet TSMC has no relationship with Chainlink, which prices TSMC's shares independently. Chainlink charges for its Data Streams through subscriptions, and its billing page invites clients to reach out for pricing details. However, Chainlink Labs, the organization behind the network, does not release audited revenue figures, making it difficult for outside investors to assess the financial value of these subscriptions. Chainlink customers can pay without buying LINK. The announcements regarding the APAC feeds and Chainlink 24/7 do not specify what currency customers use to pay for the service, which is a critical detail for LINK holders. If platforms like Lighter, Jupiter, or Aave choose to pay in traditional currencies or stablecoins - cryptocurrencies pegged to the dollar - they can access the feeds without buying LINK tokens. SoFi Active Invest is offering a limited-time promotion. Open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts. See for yourself by clicking here now. (Sponsor) Chainlink's solution, known as Payment Abstraction, lets users pay fees in other assets, which are then converted into LINK tokens and deposited into the Chainlink Reserve - a smart contract on the Ethereum blockchain. When the reserve was launched in August 2025, Chainlink stated, "We do not expect any withdrawals from the Reserve for multiple years." This reserve creates a demand for LINK tokens funded by customer activity; however, Chainlink has not disclosed how much revenue from the APAC or 24/7 services is processed through Payment Abstraction. Thus, the link between new feed introductions and increased LINK purchases remains an assumption. Another factor impacting LINK's price is its supply. Approximately 767 million LINK tokens are currently in circulation out of a maximum of 1 billion. This results in a market cap of around $8.5 billion, with a fully diluted value - if every token were traded - of about $11.1 billion. The 0.77 ratio indicates that tokens still outside of circulation might eventually enter the market and dampen any buying pressure from the reserve. LINK still acts like a more volatile Bitcoin. Over the past 30 days, LINK has dropped 22.3%, while Bitcoin (CRYPTO: BTC) has fallen 10.5%. Over the past year, LINK has fallen 27.3%, mirroring Bitcoin's drop. This trend helps explain why a new feed launch has little impact on LINK's price. A comparison between Chainlink and Bitcoin reveals a close correlation between the two. On October 1, LINK closed at $14 but hit its lowest close for the month at $10.60 on October 29. At present, LINK is trading below its 20-day average of $11.79 and its 50-day average of $12.62, yet remains above its 200-day average of $10.04. The stocks that Chainlink is pricing also haven't influenced LINK's price. While TSMC's shares have risen by 35.3% this year, LINK is down 9.2%. Importantly, Chainlink continues to generate subscription revenue regardless of how these stocks are performing. Moreover, all the clients mentioned are crypto platforms, and traditional Asian exchanges and brokerages have yet to come on board, similar to previous efforts with Chainlink's tokenization initiatives in Japan. Can the Chainlink LINK price rise on $40 trillion of coverage? For now, the answer appears to be no. The launches of the APAC feeds and Chainlink 24/7 have certainly added more clients and a wider range of pricing data, strengthening Chainlink's appeal to financial institutions, as evidenced by its recent engagement with DTCC. However, LINK's price recovery depends on more than these recent developments. Want up to $3,000 in stock? SoFi is giving new Active Invest users complimentary stock. Looking to grow your money but unsure where to begin? SoFi Active Invest is offering a limited-time promotion; open a new Active Invest account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock. From $0 commission trading3 to fractional shares4 and automated investing, this app is designed to simplify investing for everyone, whether you're just starting or already experienced. Its easy to sign up and secure your bonus. (Sponsor) 1 INVESTMENTS ARE NOT FDIC INSURED - ARE NOT BANK GUARANTEED - MAY LOSE VALUE Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA( www.finra.org )/SIPC( www.sipc.org ).2The probability of a member receiving $1,000 is 0.028%. If you don't make a selection in 45 days, you'll no longer qualify for the promo. Members must fund their account with a minimum of $50.00 to qualify. The probability percentage is subject to decrease. Members are only eligible for the Stock Award promotion upon opening their first brokerage account; subsequent cash brokerage accounts are ineligible for the promo, including for members with multiple accounts. 3Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees. 4There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event. Sam Daodu is a crypto analyst and the editor of 24/7 Wall St.'s Crypto Desk, where he covers Bitcoin, XRP, Ethereum, Solana and the altcoins investors search for most. His work focuses on price levels, spot ETF flows, on-chain data and the regulatory decisions that move crypto markets, written so a first-time buyer and a seasoned trader can both use it. Sam has written about crypto professionally since 2019 and has published more than 2,000 articles. Before joining 24/7 Wall St., he wrote for crypto media outlets and Web3 companies and ghostwrote for crypto founders and token launches. His analysis is syndicated on Yahoo Finance, MSN and AOL and has been cited by other crypto news sites. He also founded MacLabs Marketing, a content and personal branding agency for crypto founders and executives. When he isn't reading charts, Sam is usually at the gym or watching One Piece, a series he maintains has better tokenomics than most altcoins.

Hanwha Investment & Securities and Chainlink form strategic partnership to tokenize, connect, and collateralize real-world assets worldwide. Oct 29, 2026, 21:45 ET * Hanwha Investment & Securities adopts the Chainlink data standard and CCIP as the official oracle infrastructure powering its global RWA tokenization platform * Joint working group formed to explore institutional use cases for secure onchain execution, standards for using RWAs as collateral, and Korea's tokenized securities market * Chainlink to advance the platform with dedicated technical support and connections to its global network of financial institutions NEW YORK, Oct. 29, 2026 /PRNewswire/ - Hanwha Investment & Securities, a financial affiliate of Hanwha, a Fortune Global 500 company, today announced a strategic partnership with Chainlink, the standard for onchain finance, as it builds a global real-world asset (RWA) tokenization platform. Hanwha Investment & Securities is adopting the Chainlink data standard and Cross-Chain Interoperability Protocol (CCIP) as the official data and interoperability infrastructure of its platform, and, building on them, the two firms are working together to shape the criteria and use cases for tokenizing quality real-world assets, distributing them globally and putting them to work as collateral. Within the global tokenization platform Hanwha Investment & Securities is building, Chainlink is providing trusted pricing and net asset value (NAV) data for the assets it issues, while CCIP enables those assets and liquidity to move securely across public and private blockchains. Assets can be issued on the chain best suited to their characteristics and, through a single integration, reach more investors and liquidity across global markets without building a custom integration for every new network. The partnership spans the full path from tokenizing real-world assets to the markets where they are distributed and put to work, including as collateral. Hanwha Investment & Securities brings quality assets from global asset managers, structuring expertise and institutional-grade market infrastructure, while Chainlink brings the data and interoperability standards that connect them across networks. Hanwha Investment & Securities is in discussions with global asset managers and issuers on tokenizing and distributing a range of RWA products, and plans to bring these assets to institutional investors and onchain markets via Chainlink. To that end, the two firms are forming a joint working group to explore together: institutional use cases for executing securely into onchain finance while meeting compliance and custody requirements; the valuation and reserve verification methods, use cases and standards needed to use a wide range of RWAs as collateral; and technology and compliance aligned with the institutionalization of tokenized securities in Korea. Chainlink and Hanwha Investment & Securities are building what they learn into standards that institutions can adopt and, through Chainlink's global network of financial institutions and protocols, plan to widen the circle of institutions taking part. Chainlink is providing dedicated technical support for the Hanwha Investment & Securities platform and priority access to new solutions. Tokenization is increasingly becoming foundational to global finance, and South Korea, one of Asia's leading digital asset hubs, is set to introduce its tokenized securities framework in February 2027. As part of Fortune Global 500 company Hanwha, Hanwha Investment & Securities is preparing for both Korea's tokenized securities market and the global digital asset market, building the platform to lead that shift in Korea, across Asia and in global markets. "Our goal is to tokenize quality assets that clients have wanted but found difficult to access, and to open a new financial market where they are issued, distributed, and used as collateral across global markets," said Insung An, Chief Digital Officer at Hanwha Investment & Securities. "Chainlink is our key global strategic partner in realizing this vision, and with Chainlink's standards at the core of our platform, we can build it on a stable and trusted technology foundation." He added, "Going beyond technology adoption, the two firms will work together to set the valuation and usage criteria tokenized assets need to be put to work, including as collateral, and build a real-world asset market that connects Korea and global markets." "Tokenizing assets is the first step, but connecting them across public and private blockchains is what unlocks access to users, markets, and liquidity worldwide," said Johann Eid, Chief Business Officer at Chainlink Labs. "Hanwha Investment & Securities, one of our key global strategic partners, brings quality real-world assets and institutional market expertise. By adopting the Chainlink data standard and CCIP as its official oracle infrastructure, Hanwha Investment & Securities is putting institutional-grade security at the center of its global tokenization strategy." He added, "Together, we will build the standards for markets where tokenized assets are actually put to work, including as collateral, and Chainlink is supporting this with dedicated resources and connections across our global network. This is the model for bringing global finance onchain, connect once and scale globally." About Hanwha Investment & Securities Hanwha Investment & Securities is a Korean securities affiliate of Hanwha, a Fortune Global 500 company. Through its global digital asset business based in Seoul and Abu Dhabi, Hanwha Investment & Securities is building at the frontier of Asia's real-world asset (RWA) markets, connecting tokenized assets from global asset managers with onchain markets and putting them to work, including as collateral. About Chainlink Chainlink is the standard for onchain finance, enabling high-quality data, secure cross-chain interoperability, and compliant connectivity across global markets. Chainlink powers leading tokenized assets, financial institutions, market infrastructures, and decentralized applications by providing secure access to real-world data, cross-chain messaging, and blockchain connectivity across any network. The Chainlink standard has enabled tens of trillions of dollars in transaction value and is helping unify global markets onchain. Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, S&P Dow Jones Indices, FTSE Russell, WisdomTree, ANZ, and top protocols such as Aave, Polymarket, Lido, Lighter, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve. Learn more at chain.link. SOURCE Chainlink

Polymarket Deepens Partnership With Chainlink as Official Oracle for High-Speed Up/Down Markets and Launches Gold and Silver Trading TMCnet News [October 29, 2026] | / | Polymarket Deepens Partnership With Chainlink as Official Oracle for High-Speed Up/Down Markets and Launches Gold and Silver Trading Building on the more than $11 billion in trading volume already powered by Chainlink, Polymarket is now expanding its 15-minute markets to commodities, equities, and forex. NEW YORK, Oct. 29, 2026 /PRNewswire/ - Polymarket, the world's global prediction market, has deepened its strategic partnership with Chainlink, the standard for onchain finance, as its official oracle for high-speed up/down markets. 15-minute gold and silver markets are now live on Polymarket as it expands its offerings beyond crypto and into the world's most widely traded assets across equities, commodities, and forex. This expands Polymarket's existing partnership with Chainlink, which has driven more than $11 billion in trading volume around 5- and 15-minute crypto price markets. Built on Chainlink's industry-standard decentralized oracle infrastructure, which has proven secure and reliable through extreme market volatility, blockchain network congestion, and major cloud infrastructure outages, Chainlink provides Polymarket with high-speed, accurate pricing at any hour through Data Streams and the Chainlink Runtime Environment. "Polymarket traders are some of the most connected in the world. With Chainlink 24/7, they can now take positions in a growing number of equity, commodity, and FX markets at all times. Chainlink gives us the reliable, high-speed data to launch new markets at scale, and gives our users the confidence that they will resolve accurately." - Neal Kumar, Chief Legal Officer, Polymarket Polymarket's market makers and algo traders can now receive the same low-latency Chainlink Data Streams powering these markets through self-serve access, equipping them with the accurate data they need to price new markets the moment they go live. With its market participant ecosystem ready, Polymarket can now launch new offerings at scale as it expands across asset classes. "Prediction markets have become one of the most powerful ways to forecast the outcomes of global events, and Polymarket is a leading platform in the category. We're excited to see Polymarket expand into traditional assets with Chainlink as its official oracle infrastructure. Our high-speed pricing data enables Polymarket to resolve these markets with the accuracy and efficiency its users expect. " - Johann Eid, Chief Business Officer, Chainlink Labs About Polymarket Polymarket is the world's global prediction market platform, where participants trade on the outcomes of real-world events. By harnessing the wisdom of the crowd and the efficiency of markets, Polymarket generates real-time probability estimates that have proven to be among the most accurate forecasting tools available. Polymarket's markets span global politics, economics, science, technology, sports, culture, and more, attracting hundreds of thousands of participants worldwide. Polymarket US operates as a CFTC-regulated designated contract market under the Commodity Exchange Act. For more information, visit polymarket.com. About Chainlink Chainlink is the standard for onchain finance, enabling high-quality data, secure cross-chain interoperability, and compliant connectivity across global markets. Chainlink powers leading tokenized assets, financial institutions, market infrastructures, and decentralized applications by providing secure access to real-world data, cross-chain messaging, and blockchain connectivity across any network. The Chainlink standard has enabled tens of trillions of dollars in transaction value and is helping unify global markets onchain. Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, S&P Dow Jones Indices, FTSE Russell, WisdomTree, ANZ, and top protocols such as Aave, Polymarket, Lido, Lighter, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve. Learn more at chain.link. View original content to download multimedia:https://www.prnewswire.com/news-releases/polymarket-deepens-partnership-with-chainlink-as-official-oracle-for-high-speed-updown-markets-and-launches-gold-and-silver-trading-302924082.html SOURCE Chainlink [ Back To TMCnet.com's Homepage] |