Chainlink’s Growing Ecosystem: Key Partners in Gaming

  • The impact of Chainlink in the finance world is spreading through strategic partnerships.
  • Chainlink’s CCIP is one of the solutions ANZ and Soneium use the most.

Chainlink (LINK), a popular decentralized Oracle platform, is a major stakeholder in the blockchain ecosystem, with its strategic partnerships in various sectors. Over the years, Chainlink has formed key partnerships with gaming platforms, Decentralized Finance (DeFi) projects, banking institutions, and many others.

Key Chainlink Partners

Crypto trader known as The Crypto Panda on X highlighted major LINK partners and their roles in the platform’s development. In the gaming sector, Sony’s Soneium collaborated with Chainlink to leverage its infrastructure to drive adoption in the blockchain industry. 

Specifically, Soneium will utilize Chainlink’s Cross Chain Interoperability Protocol (CCIP) and Data Feed to enhance cross-chain interoperability and real-time data. As CNF previously mentioned, Soneium is a new Layer 2 blockchain unveiled by Sony Group and Startale to bring Web3 technologies into everyday use.

“As Sony leads the Web3 revolution, expect seamless fan engagement and creator rights across digital and real-world interactions. Sony’s Web3 ambition is about to be massive,” The Crypto Panda stated.

Within the DeFi sector, the crypto trader highlighted the protocol’s partnership with Aave Labs, a decentralized non-custodial liquidity market protocol. Through the partnership, Aave taps into Chainlink Oracles for secure price feeds and uses CCIP to enable cross-chain lending and borrowing.

Across the banking sector, Australia’s banking giant, ANZ, uses Chainlink’s CCIP to facilitate cross-border payments. The collaboration also allows ANZ to tokenize assets under the massive Project Guardian, as CNF discussed earlier. As a result, ANZ can now explore interoperability between private blockchains and exchange tokenized RWAs, such as commercial paper. 

Another key Chainlink partnership spotlighted is with CitiBank. Chainlink is assisting Citi in transforming the future of global finance, making DeFi scalable for traditional banking. Furthermore, the Celo Network leverages Chainlink’s CCIP and VRF to enhance its mission of financial inclusivity. 

Last year, the Celo community approved a proposal to join the Chainlink SCALE program, a Sustainable Chainlink Access for Layer 1 and 2 Enablement. CNF noted that the network aims to accelerate developers’ and the global business community’s adoption of the underlying technologies. 

LINK’s Price Soars

The price of LINK, the native cryptocurrency of the ecosystem, has recorded stability in the past few weeks. As of this writing, LINK is trading at $11.02, demonstrating a 1.2% increase in the past day. The trading volume surged 47% to $242 million, indicating investors’ renewed interest. 

Chainlink’s price stability is linked to a recent surge in whale activity. Large investors started buying more LINK following the recent market decline. 

As revealed in a CNF post, the number of LINK whales rose from 489 to 502 between October 1 and 8. According to market analyst “Investor Reality, Chainlink could see its market cap climb to between $50 billion and $100 billion by Q2 2025,


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Source: https://www.crypto-news-flash.com/chainlinks-growing-ecosystem-key-partners-in-gaming-defi-and-banking/?utm_source=rss&utm_medium=rss&utm_campaign=chainlinks-growing-ecosystem-key-partners-in-gaming-defi-and-banking