December 28, 2024

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Chainlink launches cross-chain protocol bridging blockchain to TradFi

1 min read
Chainlink launches cross-chain protocol bridging blockchain to TradFi

The development firm behind the Chainlink protocol and its native 

In addition to the five blockchains integrating CCIP, decentralized finance protocol AAVE is set to implement the interoperability solution, while decentralized derivatives platform Synthetix is already live on the  CCIP mainnet.

The price of the Chainlink token, LINK, increased 9.7% to $7.27 over the past eight hours while the rest of the market remained relatively neutral, according to CoinGecko.

The LINK token surged 7.5% following the news of CCIP’s launch on mainnet. Source: CoinGecko

Cointelegraph reached out to Chainlink Labs for comment but did not recieve an immediate response.

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