“Having a secure way to move both value and veri across chains is something the blockchain industry has needed for years,” Chainlink co-founder Sergey Nazarov said.
Pyth Network’s speed-focused oracle service aims to challenge Chainlink as the go-to veri source for blockchain finance.
The trust is one of the only ways for institutional investors to gain exposure to LINK tokens through a regulated product.
Rather than attempting to disrupt banks and other traditional payments systems, these high-profile blockchain developers are looking to court their business.
The company launched Chainlink Veri Streams and announced new decentralized computing capabilities.
The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 2-8, with live updates throughout.
The uptick comes as the company has secured a number of notable partnerships with traditional finance institutions.