Cryptonews

LINK Price Prediction as Fidelity Rolls Out First Tokenized Fund on Chainlink

Source
CryptoNewsTrend
Published
LINK Price Prediction as Fidelity Rolls Out First Tokenized Fund on Chainlink

Chainlink has gained fresh institutional attention after Fidelity International launched a tokenized liquidity fund using blockchain infrastructure linked to Chainlink and Sygnum Bank’s tokenization platform.

The Fidelity USD Digital Liquidity Fund, known as FILQ, was announced as a tokenized liquidity product designed for international investors. The fund received a AAA-mf assessment from Moody’s Ratings, a designation used for money market funds with strong credit quality and liquidity characteristics.

Fidelity International manages about $1 trillion in client assets and operates separately from U.S.-based Fidelity Investments. A Fidelity spokesperson said FILQ is not available to U.S. persons or to investors in jurisdictions where access would violate local law or regulation.

Chainlink will provide onchain net asset value and distribution data for FILQ. JPMorgan will supply approved daily NAV data, while Chainlink infrastructure will make fund value and payout information available onchain for eligible investors.

Fidelity Uses Chainlink for Onchain Fund Data

The launch adds another institutional use case for Chainlink in tokenized real-world assets. Chainlink’s role centers on connecting offchain financial data with blockchain systems in a format that can be verified and used by smart contracts.

For FILQ, Chainlink will publish NAV and distribution metrics onchain. This allows investors and platforms to track fund value and income data in near real time, rather than relying only on delayed reporting channels.

Sygnum Bank said the fund shows how regulated liquidity products can move onchain while maintaining credit quality and operational controls. The product was launched through Sygnum’s tokenization platform, which supports blockchain-based issuance and management of financial instruments.

Chainlink Labs said the integration gives FILQ tamper-resistant transparency for fund reporting. The arrangement also follows earlier work involving Sygnum, Fidelity International and Chainlink on onchain NAV data for tokenized assets in 2024.

The launch comes as large financial institutions increase activity in tokenized money market funds and Treasury-linked products. BlackRock, Franklin Templeton, JPMorgan and other firms have expanded tokenized fund offerings as demand grows for onchain cash management and short-term yield products.

Chainlink Adoption Expands Beyond Funds

Chainlink’s recent activity is not limited to tokenized liquidity funds. Prediction market platform Myriad has also adopted Chainlink Data Streams and the Chainlink Runtime Environment, known as CRE, to automate crypto market creation, resolution, and settlement.

Myriad plans to use Chainlink infrastructure for prediction markets tied to BTC, ETH, BNB, and SOL. The platform said equities, commodities, indices, and other event-based markets are planned later.

CRE is designed to coordinate multi-stage smart contract workflows through one execution layer. In Myriad’s case, the system will support automated market outcomes and near-real-time payouts using verified data.

Chainlink has also gained traction in traditional finance infrastructure. The Depository Trust and Clearing Corporation recently selected Chainlink technology for its Collateral AppChain initiative, which is expected to support tokenized collateral management.

The DTCC project is designed to automate pricing, valuation, margining, collateral optimization, and settlement workflows across tokenized collateral systems. Production is expected in the fourth quarter of 2026.

Source: X

These developments place Chainlink in a central role across tokenized funds, collateral systems, prediction markets, and real-world asset reporting. Santiment data also ranked Chainlink as the top real-world asset project by development activity.

$LINK Price Holds Breakout Above $10.08

$LINK price has shown strength on the daily chart after moving above a key resistance zone near $10.08. The token recently traded around $10.33, holding above that breakout area.

The $10.08 level is now the main support to watch. If $LINK remains above that zone, the breakout structure remains active and buyers may attempt to push price toward the next major target near $12.42.

Source: X

The chart also shows an ascending support trendline, with higher lows forming beneath price. That structure suggests buyers have continued to defend pullbacks while price tested overhead resistance.

A daily close below $10.08 would weaken the current setup and could bring $9.37 back into focus. Below that, deeper support levels sit near $8.86 and $7.18.

If $LINK holds above $10.08 and broader market conditions remain stable, the next upside zone remains $12.42.

LINK Price Prediction as Fidelity Rolls Out First Tokenized Fund on Chainlink