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Coinbase taps Chainlink to bring tokenized stocks deeper into DeFi

Published Source: CryptoPolitanRead original

Crypto Insight Summary: Coinbase has chosen Chainlink to offer price infrastructure for its tokenized stocks, thus allowing shares of companies like Apple and NVIDIA to move around freely in decentralized lending and trading marketplaces. The agreement is of particular importance for crypto users outside the US, as it allows them to take advantage of blockchain-based versions of US... Crypto Insight Analysis: Direction: Bullish LINK / Neutral COIN Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Chainlink's oracle services gain institutional credibility, but market impact is limited by regulatory uncertainty.

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