Archax Turns To Chainlink Data Streams For Tokenised Treasury Collateral

Crypto Insight Summary: TL;DR: Archax has adopted Chainlink Data Streams to supply pricing information for GOVY, its tokenised US Treasury product, as it develops collateral use cases. Putting Treasury bills on a blockchain is only the beginning. If an institution wants to borrow against them or use them as margin in an automated market, the software also needs […] Crypto Insight Analysis: Direction: Bullish LINK Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Chainlink's integration with Archax boosts institutional adoption and use cases for LINK.