🚨 New CLG Podcast is live 🚨 Two years since our last episode, @Crypto___Oracle and I discuss how institutional adoption is reshaping crypto and who will benefit as tokenization scales This one was long overdue Link in the next tweet 👇

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*SEC STAFF ISSUES FAQS ON CRYPTO ASSET SECURITIES LAWS APPLICATION *SEC STAFF: TOKEN BUYBACKS ON FUNCTIONAL PROTOCOLS DO NOT CONSTITUTE MANAGERIAL EFFORTS *SEC STAFF: LIQUID STAKING TOKENS ARE DIGITAL COMMODITIES OR TOOLS, NOT SECURITIES *SEC STAFF: MAINTENANCE, ENHANCEMENTS, SYSTEM GRANTS NOT CONSIDERED ESSENTIAL MANAGERIAL EFFORTS *SEC STAFF: PROMOTING CRYPTO UTILITY WITHOUT PROFIT CLAIMS GENERALLY NOT AN INVESTMENT CONTRACT

Finance moving onchain is directly and uniquely bullish for Chainlink adoption, happy to explain 1. Chainlink has expanded far beyond price oracles. Saying Chainlink is primarily a price oracle would be like analyzing Amazon as primarily a bookstore, or Microsoft as primarily a spreadsheet software company. Chainlink is the only all-in-one platform offering data, interoperability, compliance, privacy, and orchestration, all core requirements for the issuance and distribution of institutional tokenized assets: nitter.net/ChainLinkGod/status/20… 2. As finance moves onchain, simply issuing a token on a blockchain is not sufficient. You need data oracles for NAV, corporate actions, reserve verification, etc. You need cross-chain oracles to transfer value and data between public and private chains (esp. as the cost of launching a chain drops to zero). You need compliance oracles for KYC/AML verification and various policy enforcements for regulated digital assets. You need privacy oracles to make data available onchain without revealing the underlying datasets/PII and while preserving data licensing restrictions. You need legacy-system oracles to enable institutions to access public/private chains through their existing enterprise systems and messaging standards. And you need orchestration oracles to enable institutions to establish complex business workflows that span multiple public/private chains, enterprise systems, and oracle services. Chainlink is the ONLY platform that offers all of these services, including packaged together into end-to-end solutions (e.g., DvP settlement, tokenized deposit workflows, etc.) 3. As for price oracles, as long as there are multiple trading/liquidity venues, multiple chains, and multiple CEXs, you need external price oracles that provide *full market coverage* by aggregating market data across all venues to raise manipulation costs. Otherwise, you introduce a significant attack vector. We have seen time and time again how using a single DEX pool as a price oracle has led to a dApp getting exploited/manipulated/rekt. There's no way to know whether a DEX/liquidity pool will keep consistent liquidity over time. As new DEX models appear and new trading venues launch, a pool that is liquid enough to use as an oracle today can be dangerously manipulable tomorrow as liquidity shifts. That is why Chainlink data has powered the vast majority of DeFi for the past 5+ years. Liquidity moving between venues becomes a non-issue, and builders can focus on their core business logic instead of building and maintaining price oracles Watch @Chainlink's presence at Swift's @Sibos conference next week, it should be very enlightening about why some of the world's largest financial institutions and market infrastructures have adopted Chainlink infrastructure Btw respect the takes you give on L1 chain commoditization/overvaluation, I may not agree with where capital will flow or what L1 assets will reprice to, but this thesis is obviously a blind spot and emotional topic for many market market participants

NEW: cbLTC is now live on @Solana via @sunrise, powered by Chainlink CCIP as @Coinbase’s exclusive cross-chain infra. Solana users now have access to another Coinbase Wrapped Asset, which is among the $7B+ in cbAssets on CCIP.

Today, the @CFTC took an important step toward bringing regulated onchain markets to the United States: firms can now keep required records on a public blockchain without being required to maintain a separate offchain copy. The CFTC also clarified that firms can invest customer funds in tokenized versions of investments that are already permitted. That matters because a regulated firm can now use a public blockchain as its system of record, where every entry is transparent, tamper-evident, and verifiable by anyone. Those are the assurances the CFTC’s recordkeeping rules exist to provide, and public blockchains deliver them by design. In July, HPC and @phantom asked the CFTC to provide this clarity. Today, the CFTC delivered.

NEW: CHAINLINK AT THE FEDERAL RESERVE @SergeyNazarov joins leaders from BlackRock, Vanguard, and Sharplink on the trajectory of blockchain adoption across traditional finance at the Federal Reserve Fintech Conference ↓

Frank La Salla, President and CEO of @The_DTCC, is speaking at Link:NYC. The DTCC Tokenization Service, which will tokenize real-world assets held at the DTC ($114 trillion), is expected to launch in Q4 2026. October 29, NYC. chain.link/events/linknyc

The CFTC has released updated crypto FAQs. Of note - more guidance on onchain recordkeeping (@chainlink can help with that) & tokenized collateral. I love to see these continued efforts to advance regulated clarity. cftc.gov/PressRoom/PressRele…

NEW: $40B IT giant @Infosys partners with @Chainlink, standardizing CCIP, data feeds and compliance tools across banking infrastructure supporting 1.7 billion customer accounts worldwide.

NEW: @Infosys (NYSE: INFY), the $40B+ global IT leader, enters a strategic partnership with Chainlink to accelerate institutional onchain finance. Infosys supports critical banking and payments infrastructure for more than 1.7 billion customer accounts worldwide and is now standardizing the adoption of the Chainlink platform: • Cross-Chain Interoperability Protocol (CCIP) • Chainlink Runtime Environment (CRE) • Automated Compliance Engine (ACE) • Proof of Reserve • Data Streams • Data Feeds Together, Infosys and Chainlink are creating a path to connect the world’s largest financial institutions to onchain markets. Infosys 🤝 Chainlink

timeline. ticker. trade.

BTC is a L1 that captures no value and calls itself money. Zcash is a L1 that captures no value and calls itself money. XRP is a L1 that captures no value and calls itself money. ETH is a L1 that captures declining value and calls itself money. So, something being a L1 with no value capture has nothing to do with what its token is worth nor even apparently what the token supposedly even "is." It's all just a battle of memetic technobabble mother goose storytelling to see who can convincingly amplify the message to enough people.

A new governance proposal introduces Custodied Collateral Lending, powered by Aave V4. It would allow institutions to borrow stablecoins on Aave against assets held in custody at @Anchorage, synchronized through @chainlink infrastructure.

Why Chainlink Will Win in 777 Words 🧵 I dare you to read.

Hyperchainlinkization. xStocks tokenizes the world’s largest equities, powered by Chainlink’s institutional-grade data infrastructure across chains, apps and markets.

We hosted 15 of the world’s leading fintech/crypto research experts for lunch today to share some @chainlink news and discuss the tokenization trend we are all witnessing in real time. There will still be disappointments and struggles ahead, but I could not be more optimistic and encouraged about the future of this industry and the wonderful community building it.

I can tell you firsthand Chainlink is meeting w/ leaders from Banks, Asset managers, wealth platforms, equity research shops, the DTCC & more They’re positioning themselves right before the onslaught of Wall Street/TradFi firms coming onchain and are ready to assist them ethereum:0x514910771af9ca656af840dff83e8264ecf986ca

The future of finance is onchain. Regulatory clarity is what gets us there. Chainlink Co-founder @SergeyNazarov serves on the @CFTC's Innovation Advisory Committee, and we will continue to support the agency's work to define clear standards for digital assets.

Most tech giants in the 2000s built their infrastructure and product as one entangled unit. Amazon had the foresight to separate out AWS as an API layer, of which Amazon retail was the first of many users. Today, AWS generates more profit than all of Amazon's other business lines combined. Hyperliquid is built with the same philosophy. Housing all of finance requires thoughtfully designed, open financial primitives. Each primitive should obey the Unix principle of "Do one thing and do it well." Talented builders then have the foundation to chain these together to create magical applications. HyperCore borrowing is an example to highlight this philosophy in action. Most other platforms implement portfolio margin by marking an account's collateral to market value with an LTV haircut, creating borrowed assets without an explicit lender. This system is simpler to implement, but misses a golden opportunity for composability. Hyperliquid instead begins with a borrow/lend protocol on HyperCore. Every borrowed asset is sourced from a supplier, so risk is isolated within the borrow/lend primitive instead of platform-wide. HyperCore's portfolio margin system is implemented as an orchestration layer that composes borrow/lend, with other primitives such as perps, spot, and outcome trading. This decomposition has several nice corollaries: 1. Today's announcement of manual borrowing is not a new feature, but simply an extension of the underlying primitive. Borrowers on day one have access to 400M and growing of supplied liquidity. 2. Portfolio margin users earn interest on their idle stablecoin collateral. This is not a new feature, but a natural byproduct of composing trading with lending. 3. System safety is easier to reason about when perp and borrow/lend margining are independent. In the same way that math theorems almost prove themselves when the right abstractions are defined, composable designs just feel right.

Bottomline: >$16 trillion payments moved annually >15% of SWIFT's cross-border volume itself >1,000,000 business customers in 92 countries >90 out of the Fortune 100 companies use it >Now launching Global Pay Connect, a new onchain payment connectivity platform powered by Chainlink CCIP + CRE to enable cross-chain, cross-border payments for its 600 bank customers The ticker is ethereum:0x514910771af9ca656af840dff83e8264ecf986ca