Chainlink Now Streams Prices for $40 Trillion of Asian Stocks. So Why Is LINK Still 79% Below Its All-Time High?

Binance has restored withdrawals for 51 additional cryptocurrencies on Ethereum and Solana, following a $6.3B hack. The exchange has replenished 95% of the stolen assets and plans to complete the process. Withdrawals are being gradually reopened after security checks, with users advised to monitor the status of their assets.

Chainlink (LINK) rose 4.7% in 24 hours after Polymarket expanded its oracle integration to include gold and silver markets, with plans for further expansion. The move outpaced the broader crypto market's 0.75% gain. No changes to LINK token economics were announced.

Andrew McCormick, head of institutional at Chainlink Labs, emphasizes the importance of functional tokenized assets for mass adoption. He highlights DTCC's $50 trillion collateral opportunity and Chainlink's role in enabling cross-chain repurchase agreements. McCormick estimates the tokenized market at $50 billion, with potential growth to $10 trillion by 2030. He identifies tokenized equities, deposits, and collateral as key products for future traction.

Chainlink has partnered with LG CNS, a subsidiary of LG Group, to develop blockchain infrastructure for South Korea's digital asset market. The collaboration will integrate Chainlink's services into LG CNS's platform, targeting regulated blockchain applications for financial institutions. LG CNS is involved in the Bank of Korea's digital currency initiative, Project Hangang. Chainlink's technology will support stablecoin distribution and cross-chain transactions.

Grayscale launched in-kind investing for 10 crypto products, including BTC, ETH, SOL, XRP, and DOGE. Minimum investments range from $80,300 to $364,800. Eligible investors can exchange crypto directly for fund shares, avoiding cash conversion. The service follows SEC approval of in-kind transactions for crypto ETFs.

Strive's Bitcoin holdings rose to 36,818 as of Oct. 16, an increase of 4,045 in a week. This follows a $630 million preferred offering set to settle. Super League shareholders approved a deal for 2,100 Bitcoin, expected to close in Q4 2026.