Bitwise: Chainlink is one of the most underrated infrastructure investments in the crypto space.

GateNewsBot
Source: PANews
LINK-3,46%

PANews January 21 News, according to CoinDesk, Bitwise Chief Investment Officer Matt Hougan stated that Chainlink might be one of the most underestimated crypto assets. He described it as a critical infrastructure connecting blockchains with real-world data, assets, and compliance systems, rather than just a price data oracle.

Hougan pointed out that Chainlink provides indispensable external data services for applications such as stablecoins, asset tokenization, decentralized finance, and on-chain derivatives, and has become a core middleware integrating traditional financial institutions with the crypto ecosystem. Institutions including SWIFT, JPMorgan Chase, Visa, and Fidelity have adopted its services. He believes that as the adoption of stablecoins, asset tokenization, and real-world crypto progresses, Chainlink as the underlying connectivity layer will be at the center of all these trends, and its importance will continue to be highlighted.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)