Chainlink's $LINK Surges After Successful DTCC Test with U.S. Banking Giants

Chainlink's $LINK token has garnered significant attention following its successful collaboration with major financial institutions. The Depository Trust & Clearing Corporation (DTCC) ran a proof of concept to distribute fund pricing data to multiple blockchains using Chainlink's Cross-Chain Interoperability Protocol (CCIP). Participants in the test included U.S. banking giants like JPMorgan, State Street, Franklin Templeton, and BNY Mellon. This initiative aims to accelerate the tokenization of funds. This development is seen as highly bullish for $LINK, with many in the crypto community expressing optimism about its future value.