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Chainlink has secured a pivotal role in Project Acacia, backed by Westpac and the Reserve Bank of Australia (RBA), boosting confidence in tokenized settlements. The LINK token has surged amid institutional interest, with analysts eyeing further gains. This collaboration highlights blockchain’s potential to reshape capital markets.
- Project Acacia, supervised by the RBA, uses Chainlink’s tech for compliant tokenized settlements, bridging traditional and digital markets.
- Westpac estimates AUD 12B in savings from full-scale tokenization, highlighting efficiency gains for capital markets.
- LINK price surged past $15 resistance, with bullish momentum eyeing $18.81; RSI and MACD indicators suggest continued upside potential.
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