New research highlights Chainlink’s role in powering real-world data, compliance, and cross-chain interoperability as tokenization markets accelerate
Grayscale Research has identified Chainlink as a foundational layer for the rapidly expanding market of tokenized assets. In a detailed report released this week, the firm argues that Chainlink’s technology stack provides the critical data, connectivity, and compliance infrastructure required for traditional finance to operate securely on blockchain networks.
The report arrives shortly after Grayscale filed to convert its existing Chainlink investment vehicle into an ETF that would trade on NYSE Arca, reflecting growing institutional interest in LINK’s utility.
Chainlink as Core Infrastructure for Tokenized Assets
Chainlink’s reputation began with its decentralized oracle networks, which deliver real-world data feeds—such as asset prices—to smart contracts. But Grayscale’s research emphasizes that the project’s expanding suite of services now places it at the center of tokenized finance.
blockchain analysts said:
“Chainlink has evolved from simply providing price feeds to becoming the connective infrastructure for on-chain financial systems.”
One of the most significant developments is the Cross-Chain Interoperability Protocol (CCIP), designed to move tokens and messages securely between blockchains. CCIP recently gained attention following successful tests with major institutions, including J.P. Morgan’s Kinexys and Ondo Finance.
Grayscale noted that Chainlink’s partnerships with S&P Global and FTSE Russell show how traditional markets are increasingly exploring on-chain data delivery and interoperability solutions.
Tokenization Market Growth Supports LINK Demand
The report estimates the current tokenized asset market at $35 billion, a sharp rise from roughly $5 billion in early 2023. Despite that growth, tokenized assets still represent only 0.01% of global equity and fixed-income markets.
Grayscale argues that the LINK token offers diversified exposure to crypto’s infrastructure layer, underlining that Chainlink is already viewed as essential infrastructure for institutions experimenting with blockchain-based finance.
ETF Conversion Marks a Key Milestone
Grayscale has formally applied to convert its $29 million Chainlink Trust into an exchange-traded fund that would trade under the ticker GLNK. If approved, it would become the first U.S.-listed Chainlink ETF, and among the first ETFs to incorporate staking.
As tokenized finance gains momentum, the role of secure data flows, compliance mechanisms, and interoperable networks becomes increasingly important. Chainlink’s expanding suite of services positions it as the core infrastructure bridging blockchain ecosystems with traditional financial institutions, a trend Grayscale believes will deepen as tokenization continues to grow worldwide.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

